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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]
The California excise tax on gasoline as of mid-2011 is 35.7 cents per gallon for motor fuel plus a 2.25% sales and use tax, 13 cents per gallon for diesel plus a 9.12% sales and use tax. [37] The California Department of Tax and Fee Administration provides an online list of sales taxes in the local communities of the state. [9]
According to the industry's Insurance Information Institute, California’s insurers paid out $1.08 in claims and claims-related expenses for every dollar collected in premiums between 2013 and 2022.
Insurance is a capital-intensive business with thin profit margins, and many insurers have been hemorrhaging money in California in recent years as wildfires intensify. 2018’s Camp Fire in ...
In January 2010, BT launched a new product called BT Infinity. 4 million homes in the UK are covered by this service.Most homes will get FTTC service and have up to 40 Mbit/s broadband, those with FTTP will get 100 Mbit/s and a 20 GB monthly usage allowance in 2010, with an unlimited package also offered.
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In July 2019 the UK government published the Finance Bill 2019-20 [26] which included provision for a Digital Services Tax of 2% of revenues of companies with more than £500m global revenue and more than £25m UK revenue. [27] It was confirmed in the 2020 Budget that the tax would come into effect on 1 April 2020.