Wildfire victims file more than 4,400 claims with California’s FAIR Plan, home insurer of ...
That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
FAIR Plan gets 4,400 insurance claims from LA County wildfire victims
California’s insurer of last resort reported that claims now are high enough to trigger “re-insurance” payments from back-up ...
Los Angeles Daily News2 天
FAIR Plan gets 4,400 insurance claims from LA County wildfire victims
In a statement released Thursday, Jan. 30, the California FAIR Plan reported receiving more than 4,400 claims from victims of the Palisades and Eaton fires in the past three weeks. “The FAIR ...
insurancebusinessmag12 天
Revealed - California FAIR plan faces $4.8 billion exposure from LA fires
The FAIR Plan’s potential exposure is over $4 billion for the Pacific Palisades Fire and more than $775 million for the Eaton ...
Opinion
R Street Institute1 小时Opinion
Why the Los Angeles wildfires were so expensive
The FAIR Plan basically has two options, said Jerry Theodorou, who leads insurance research at the R Street Institute, a free market think tank. In the first, the FAIR Plan could issue an emergency ...
insurancebusinessmag1 小时
Claims related to Los Angeles wildfires hit more than $4.2 billion -- report
The insurance industry has paid over $4.2 billion in claims related to the Los Angeles wildfires as of January 30, according ...
The LA fires have a shocking price tag — and we’ll all have to pick up the tab
As the region starts to recover, low-income residents will have the hardest time returning to normal, if they return at all. The fires will likely permanently reshape the character of communities in ...