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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.
In February, the California FAIR Plan wrote more than 15,000 new policies, its president Victoria Roach told lawmakers Wednesday. That was the most ever. And is on top of another 12,000 the state ...
Since 2019, the California FAIR Plan has seen a 164% increase in policies, with a 27% jump just this past year, an indication of how many residents across the state are unable to access private ...
California State Fair in July 2013. The California Exposition and State Fair (Cal Expo) is an independent state agency established by law in the California Food and Agriculture codes. Cal Expo is governed by an appointed 11-member Board of Directors and daily operations are managed by the chief executive officer (selected by the Board).
The FAIR plan has about 375,000 policyholders, and the insurer’s total risk exposure was $311 billion as of December 2023; it was $50 billion in 2018. Read more: He claims to have saved ...
This category is for fairs in the American state of California. When applicable, all topics should be moved to appropriate subcategories. When applicable, all topics should be moved to appropriate subcategories.
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The changes come as residents living in mountainous and hillside neighborhoods have found insurance harder to come by, forcing them to buy bare-bones policies from the FAIR Plan, the state's ...