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  2. California homeowners insurance market tested as fires rage

    www.aol.com/finance/california-homeowners...

    Currently, California homeowners in high-risk areas have few insurance options. Many have turned to the California FAIR plan, a private program established by the state and designed to be a fire ...

  3. California FAIR Plan - Wikipedia

    en.wikipedia.org/wiki/California_FAIR_Plan

    The California FAIR Plan is an insurance program backed by the state of California that is used by property owners who cannot find private market insurance coverage. [ 1 ] [ 2 ] [ 3 ] The plans are typically more expensive and provide less coverage than commercial plans.

  4. California’s insurance is in crisis. The solution will cost ...

    www.aol.com/california-insurance-crisis-solution...

    Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in the state, according to the most recent data from the California Department of Insurance.

  5. California is in a home-insurance crisis. The Pacific ... - AOL

    www.aol.com/news/california-home-insurance...

    Insurance giants State Farm, AIG, and Allstate have each stopped writing homeowner policies in California because of wildfire danger. According to a report issued Wednesday by JP Morgan, the ...

  6. California FAIR Plan insurance: What it is and how it works - AOL

    www.aol.com/finance/california-fair-plan...

    The California FAIR Plan is an insurance program of last resort for homeowners in high-risk areas of the Golden State who are unable to obtain fire coverage in the private insurance market.

  7. California homeowners could face property insurance hikes ...

    www.aol.com/california-homeowners-could-face...

    (The Center Square) - California homeowners may face noticeable insurance rate hikes under new rules finalized by state regulators that allow property insurers to use complex climate algorithms ...

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