Critical California insurer calls for $1 billion infusion to cover LA wildfire claims
California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.
California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
California homeowners will pay temporary fees to help pay for wildfire insurance claims
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...
Mansion Global4h
California’s State Insurance Gets $1 Billion Infusion as Wildfire Claims Overwhelm Providers
The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...
California Fire Insurance Ruling Spurs Policyholder Pushback (1)
A California appeals court ruling that could doom insurance coverage for smoke damage claims is in line for strong pushback ...
California's insurer for people without private coverage needs $1 billion more for LA fires claims
The department says it’s the first time the Fair Plan has sought approval for additional money in more than 30 years.
Yahoo3d
Unemployment claims in California increased last week
Initial filings for unemployment benefits in California rose last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs ...
Yahoo News3d
Unemployment claims in California increased last week
Initial filings for unemployment benefits in California rose last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, increased to ...