FAIR Plan News

Insurance at Peril For Many in California’s Risky Fire Areas

SACRAMENTO, Calif. (AP) — As California’s wildfire season looms, threatening once again to break records for destruction, tens of thousands of rural homeowners risk facing the flames without enough insurance to rebuild if their homes burn. Insurers have been taking …

California Sets Home Hardening Standards to Lower Fire Risks

SAN FRANCISCO (AP) — As consecutive years of catastrophic wildfires in California drive up the cost of insuring homes, state regulators on Monday announced a step toward creating incentives for retrofitting older homes to make them more resilient to fires. …

Wildfires May Make Homeowners’ Insurance in California Harder to Get

California homeowners may find themselves facing insurance headaches even if their houses weren’t affected by this year’s blazes. The California Department of Insurance had already warned this year that the increasing number and severity of wildfires were making it harder …

Massachusetts FAIR Plan Agrees to Refund Homeowners $350K

The Massachusetts Property Insurance Underwriting Association (FAIR Plan) has agreed to pay $350,000 to resolve allegations that it wrongly cancelled homeowners insurance policies over a four-year period, according to Attorney General Maura Healey. According to court documents, the residual market …