#california-fair-plan

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#wildfire-claims #consumer-rights #wildfires #insurance-legislation #climate-driven-risk #insurance-redlining
California
fromwww.mercurynews.com
2 days ago

New California law aims to stabilize homeowner insurance for people who can't get private coverage

California law lets the FAIR Plan seek state-backed loans and spread disaster claim payouts over years to avoid insolvency and insurer bailouts after major fires.
US politics
fromwww.mercurynews.com
4 days ago

Opinion: State's FAIR plan meant to cover riot-prone areas,' not climate disasters

Reliance on insurance-based solutions to social and climate crises can entrench inequality and obstruct transformative policy change.
fromLos Angeles Times
2 months ago

Insurer of last resort faces questions over smoke damage claims

"I've spoken with wildfire survivors who would rather lose their homes to flames than endure the stress and confusion of navigating smoke damage claims," said Insurance Commissioner Ricardo Lara in a statement. "This is unacceptable."
California
fromThe Mercury News
3 months ago

Judge rules California's FAIR Plan must pay smoke damage claims

Judge Stuart Rice remarked on the challenges faced by wildfire victims, stating that the 'unlawful language' of the FAIR Plan contributes to underpayments of smoke damage claims.
SF real estate
SF real estate
fromwww.dailynews.com
3 months ago

Judge rules California's FAIR Plan must pay smoke damage claims

California's FAIR Plan is required to pay for smoke damage claims after court ruling highlighting non-compliance with state law.
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