INSURASALES

Tag: California FAIR Plan

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.