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Both the DOJ and the industry's suit against California over the law was restarted in August 2020 following the conclusion of the Mozilla case. [10] With the election of Joe Biden as president in January 2021 and the indication that the FCC would likely change its rules to be favorable of net neutrality, the DOJ dropped its suit against ...
If the FAIR Plan does not have the money to pay out all claims, it collects money from insurance companies that operate in California. [5] According to data from 2020, the FAIR Plan covers 2.5% of the statewide market share, but 20.4% of the market share in ZIP codes at high risk from wildfires. [6]
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In a 2022 interview with KCRA, a FAIR Plan spokesperson stated that the average cost of a policy is about $3,200 per year, which is significantly more than a typical home insurance policy in ...
Its budget is primarily derived from funds generated by license fees, assessments, and Proposition 103 recoupment fees. The CDI licenses over 1,500 insurance companies and more than 320,000 insurance agents and insurance brokers in the state of California, United States. The current California Insurance Commissioner is Ricardo Lara.
The previous monthly discount was a $9.25 bill credit, and the new emergency benefit provides up to $50 a month for broadband service and up to $75 a month for Tribal area residents.