California's insurer for people without private coverage needs $1 billion more for LA fires claims
The department says it’s the first time the Fair Plan has sought approval for additional money in more than 30 years.
ConsumerAffairs18h
Unhappy with an insurance settlement? Complaining helps, research says
Delayed insurance claims and poor settlements often plague buyers of health and car insurance. The good news? Complaining ...
Los Angeles Times20h
FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half
“I took this necessary consumer protection action with one goal in mind: the FAIR Plan must pay claims just like any other ...
California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...