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Total insured losses from the Southern California wildfires earlier this year are estimated to be as high $45 billion.
The lawsuit claims insurers conspired to force homeowners onto the FAIR Plan, a last-resort insurance program.
The complaint accuses dozens of major insurance companies of collaborating in a “group boycott” of certain areas to force ...
AB 226, a borrowing mechanism bill passed by the state assembly, allows bond issues supporting the homeowners insurer of last ...
Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit coverage in California communities at high risk for wildfires.
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Santa Cruz Sentinel on MSNLawsuit seeks to halt California’s homeowner-funded FAIR Plan insurance bailoutIn the greater Bay Area, insurers who opt into the plan will be required to write more policies in Marin, Napa and Santa Cruz ...
Los Angeles wildfire victims brought two antitrust suits against several insurers in the state, alleging they forced ...
The Fair Plan Assn. is run by licensed property and casualty companies to offer insurance to home and business owners who cannot obtain insurance through the commercial market. The insurers ...
Colorado will launch the state’s new, last-resort homeowners insurance program — known as the FAIR Plan — on Thursday even as this summer’s weather conditions could be ripe for severe ...
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Two lawsuits allege major home insurance companies have colluded to limit coverage in wildfire-prone California communities and force homeowners onto the state's last-resort insurance plan.
In February, the state insurance department allowed the program, known as the FAIR Plan, to collect $1 billion in emergency payments from other insurers — who are expected to pass on a ...
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