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2. Homeowners in California could pay a surcharge of $1,000 or ...

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

   Consumer Watchdog, a non-profit group that has previously sounded alarms about FAIR's solvency, warned last year that California homeowners could be on the hook for a $1,000 to $3,700 surcharge ...

3. California’s insurer of last resort has potential exposure to ...

   www.aol.com/finance/california-insurer-last...

   Homeowners in California could pay a surcharge of $1,000 or more if FAIR Plan runs dry Claims about a billionaire couple hurting efforts to fight the L.A. fires via their ‘control’ of the ...

4. California's insurer for people without private coverage ...

   www.aol.com/californias-insurer-people-without...

   SACRAMENTO, Calif. (AP) — California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires ...

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

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

   California’s FAIR Plan is a last resort option and is intended to be a temporary solution for homeowners who need hazard insurance in California. The FAIR Plan Association recommends that ...

6. California FAIR Plan - Wikipedia

   en.wikipedia.org/wiki/California_FAIR_Plan

   [1] [2] [3] The FAIR Plan was established in 1968 by a statutory amendment to the California Insurance Code (specifically, section 10090 et seq. [4]), and is regulated by the office of the California Insurance Commissioner. The plans are typically more expensive and provide less coverage than commercial plans. [5]

7. 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.

8. FAIR Plan to assess insurers $1 billion for L.A. fires ... - AOL

   www.aol.com/news/fair-plan-assess-insurers-1...

   The California FAIR Plan, the state's insurer of last resort, has received approval to assess its member carriers $1 billion to help pay its L.A. fire losses -- with consumers possibly on hook for ...

9. California had a home insurance crisis before the LA fires ...

   www.aol.com/california-had-home-insurance-crisis...

   The value of properties insured by the FAIR Plan totaled more than $458 billion as of September, up from $153 billion in 2020, according to the insurer's website.