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fromwww.ocregister.com
1 week ago

California's FAIR Plan would face more scrutiny under bill heading to Newsom's desk

In the closing days of the legislative year, California lawmakers sent Gov. Gavin Newsom a bill that is meant to toughen scrutiny of the state's embattled fire insurer of last resort by insisting that two of their leaders join its governing committee. Assembly Bill 234 would put the state's two top lawmakers currently Senate President Pro Tem Mike McGuire and Assembly Speaker Robert Rivas on the governing committee of the FAIR Plan, the insurer that's mandated by law to sell policies to homeowners who can't
California
California
fromThe Mercury News
1 week ago

California's FAIR Plan would face more scrutiny under bill heading to Newsom's desk

California bill would place the state Senate president pro tem and Assembly speaker as non-voting members on the FAIR Plan governing committee to increase oversight.
Real estate
fromSFGATE
1 month ago

Colorado Insurance Plan for Homeowners Goes Bust: Here's Why

FAIR Plan in Colorado provides state-backed insurance for homeowners denied traditional coverage, offering actual cash value up to $750,000.
SF politics
fromLos Angeles Times
3 months ago

State lawmakers considering policy changes after L.A. wildfires

California lawmakers propose AB 226 to stabilize insurance for high-risk homes after wildfire claims overwhelm the system.
#insurance
California
fromwww.mercurynews.com
5 months ago

Lawsuit seeks to halt California's homeowner-funded FAIR Plan insurance bailout

Consumer advocates are challenging a bailout plan for California's FAIR Plan insurance program, arguing it unfairly shifts costs to homeowners.
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