Tag: California FAIR Plan

California FAIR Plan Enrollment Climbs as Industry Reforms Loom

Explore rising enrollment in California FAIR Plan amid insurance reforms. Discover insights on premiums, regulatory compliance, and the future of homeowners insurance.

California Wildfires 2025: Impact on Property and Casualty Insurance Industry

Discover the impact of the 2025 California wildfires on the insurance industry, analyzing losses, regulatory changes, and market stability.

California Consumer Group Proposes Homeowner Insurance Rights Initiative

A new California ballot initiative proposes requiring insurers to cover fireproofed homes or face penalties, amid ongoing wildfire insurance market challenges and regulatory debates.

California FAIR Plan Growth Highlights Ongoing Wildfire Insurance Challenges

The California FAIR Plan's rapid growth in 2025 reflects continuing wildfire insurance challenges. New reforms aim to expand private insurer participation despite higher premiums.

California Fair Plan Surcharges Homeowners to Offset $1 Billion Fire Losses

California FAIR Plan seeks to surcharge homeowners statewide to recover $1 billion in wildfire claims from 2024 Los Angeles fires. Regulatory approval pending, with legal challenges ongoing.