We warn of a significant impact on Mercury General (MCY) from California wildfires, recommending a sell rating due to high ...
The FAIR Plan’s potential exposure is over $4 billion for the Pacific Palisades Fire and more than $775 million for the Eaton ...
To remain solvent, California’s Fair Plan may turn to its member insurers for financial help and prompt them to levy surcharges on policyholders. The California FAIR Plan Assn., the state’s ...
The California FAIR Plan Assn., the state's property insurer of last resort, was born of smoldering ashes — not of a wildfire, but of one of the worst urban disturbances in U.S. history.
SAN FRANCISCO (KGO) -- What happens if the California FAIR Plan goes under in the wake of the devastation in Los Angeles? And what impact could it have on the 8.7 million policyholders across the ...
SAN DIEGO — As wildfires continue to ravage Los Angeles County, concerns are mounting over the financial capacity of California's insurer of last resort, the FAIR Plan, to handle what will ...
The California FAIR Plan Assn., the state's property insurer of last resort, was born of smoldering ashes — not of a wildfire, but of one of the worst urban disturbances in U.S. history. The Watts ...
It's often used as a last resort option, and California's FAIR plan has become a critical safety net as private insurers retreat from the state's high-risk market. A recent rule change enables ...
"The FAIR Plan, a not-for-profit catastrophe insurer, has the payment mechanisms in place to ensure all covered claims will ...