by | Oct 6, 2025 | Industry News, Latest News, National, News, Premier |
The California FAIR Plan, which provides basic fire insurance to California property owners unable to obtain private insurance, has filed a proposal to increase insurance rates by 35.8%. If approved, this rate hike would begin April 1, 2026, making it the program’s...
by | May 28, 2025 | Industry News, Latest News, National, News, Premier |
Following the Eaton and Palisades fires, California’s Fair Access to Insurance Requirements (FAIR) Plan—which writes policies for the state’s residual market, sometimes called the ‘insurer of last resort’—will assess $1 billion in emergency fees on member insurers....