California Seeks $1 Billion From Insurers to Shore up FAIR Plan After LA Fires
California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member insurers to shore up the state-backed FAIR Plan after wildfires ravaged swathes of land in and around Los Angeles last month.
Covered California will set a new membership record when it closes enrollment Friday night with more than 1.9 million state residents buying a health plan through the insurance marketplace.
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...
Covered California ... subsidies that have made plans more affordable. But the state’s progress in extending health coverage to all residents could come to an abrupt halt as the second Trump ...
Before thousands lost their homes in the recent Los Angeles wildfires, many had lost their insurance. Some residents found ...
Hamlin’s home was privately covered by Mercury Insurance, but Wilson was forced onto the California Fair Access to Insurance Requirements Plan — the state’s bare-bones insurance program ...
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
The Associated Press on MSN8d
LA neighbors have vastly different post-wildfire rebuilding options due to insurance crisisHamlin’s home was privately covered by Mercury Insurance, but Wilson was forced onto the California Fair Access to ...
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