insurancebusinessmag1d
Revealed - California FAIR plan faces $4.8 billion exposure from LA fires
The FAIR Plan’s potential exposure is over $4 billion for the Pacific Palisades Fire and more than $775 million for the Eaton ...
Insurancenewsnet.com1d
Why all California homeowners could be on the hook for LA County wildfire costs
Once debris from the Los Angeles County wildfires is cleared and rebuilding begins, attention will likely shift to the financial health of a small, but growing California fire insurance provider. See ...
Insurance Insider3d
Fair Plan confirms $900mn retention, $5.78bn re exhaustion point
The California Fair Plan (CFP) has confirmed its reinsurance programme attaches at $900mn, with a limit of $5.78bn and ...
California’s insurer of last resort has potential exposure to LA wildfires of nearly $5 billion and reinsurance of $5.78 billion
"The FAIR Plan, a not-for-profit catastrophe insurer, has the payment mechanisms in place to ensure all covered claims will ...
LA Fires: Minimal Additional Downside On Insurance Stocks And Maybe Soon A Buying Opportunity
The LA fires highlight the link between climate and financial risk, urging investors to be more climate-aware for better ...
KIE: Which Insurers Are Most Vulnerable To California Wildfires?
SPDR® S&P Insurance ETF falls amid wildfire losses, but historical trends suggest recovery. Learn why KIE could offer ...
Milwaukee Journal Sentinel13d
California had a home insurance crisis before the LA fires. It's only going to get worse.
More homeowners have turned toward California’s insurer of last resort, the FAIR Plan, in recent years. The insurer has higher premiums and limited coverage, but its user base has skyrocketed as ...
CNN14d
California’s insurance is in crisis. The solution will cost homeowners a ton
Lynne Levin-Guzman stood in the front yard of her 90-year-old parents’ home in Los Angeles County, California, trying to protect it with a garden hose — because their insurance company no ...
Hosted on MSN14d
California Wildfires: Map Update Reveals Air Quality Levels As LA Burns
The combination of blowing dust and ash from summer wildfire burn scars is causing AQI levels to worsen. Elsewhere in California, air quality remains relatively better, with most counties ...