The department says it’s the first time the Fair Plan has sought approval for additional money in more than 30 years.
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
Before thousands lost their homes in the recent Los Angeles wildfires, many had lost their insurance. Some residents found ...
Home warranties cover system and appliance problems that occur from normal wear and tear, excluding damage from pre-existing ...
FAIR, with its high premiums and basic coverage, was designed as a temporary safety net until policyholders find a more ...
Many Americans are paying much more for their homeowner insurance these days — but Americans living in areas exposed to intense weather fueled by climate change are paying even more money ...
Wildfires push California property owners to the costly FAIR insurance plan. With insurers canceling or refusing policies in high-risk wildfire areas, more Californians are turning to the FAIR ...
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 ...
See also: Southern California wildfires add to growing worries about homeowner insurance Last week, the FAIR Plan disclosed that it covers about 22% of structures in the Palisades Fire zone and 12 ...
California is taking ... This new rule does not come without pushback. Opponents say the regulation could increase premiums by 40% and doesn't require new policies to be written quickly enough. "This ...
Protecting it from financial disaster starts with the right insurance coverage. When unexpected damage occurs, a good home insurance policy can make all the difference. However, a traditional ...
“By offering a Covered California plan, we aim to provide ongoing coverage to members so they can continue to receive services from their trusted providers at affordable premiums.” The change ...