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YOU WONT BELIEVE: The fair plan - What They Never Told You

More LA Homeowners Turn to California’s FAIR Plan in 2026

Imagine opening your mail to find a homeowner’s insurance renewal that costs more than your monthly mortgage. For thousands of Los Angeles residents, this nightmare is the new reality as private insurers flee the state in record numbers. You might feel like you did something wrong, but the system is…

Budget and the Bees

California FAIR Plan Exposure Doubles to $650 Billion — 35.8% Rate Hike Requested

California’s wildfire crisis just hit a new financial flashpoint, and it’s not happening in the forests — it’s happening in the insurance system. The California FAIR Plan, the state’s insurer of last resort, has seen its exposure explode to a staggering $650 billion, more than double what it carried just…

The Free Financial Advisor

New California law aims to stabilize insurance for people who can't get private coverage

California Gov. Gavin Newsom has signed a bill to prevent the state’s plan that provides insurance to homeowners who can’t get private coverage from running out of money

The Independent UK

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Lawsuits accuse insurers of colluding to drop coverage in fire-prone parts of California

Two lawsuits filed in Los Angeles accuse the major home insurers of colluding to limit coverage in high-risk areas across California

The Independent UK

California consumer group sues to block insurers from adding surcharge following LA fires

A consumer advocacy group has filed a lawsuit to block insurers from charging California customers for $500 million in costs associated with the January Los Angeles wildfires

The Independent UK

In fight over insurance, neighbors crowdsource LA fire contamination data

Los Angeles-area residents whose homes survived the Eaton wildfire in January face a whole different set of struggles to their neighbors whose homes were burned to the ground

The Independent UK

California insurance plan asks private insurers for $1bn after wildfires

Private plans, such as State Farm, required to give to Fair plan so all residents have access to fire insurance

The Guardian - US

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California's insurer for people without private coverage needs $1 billion more for LA fires claims

California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires

The Independent UK

LA wildfires highlight nation's insurance crisis as homeowners try to recover lost homes

The nation’s growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding after the deadly Eaton and Palisades wildfires

The Independent UK

California's insurance crisis leaves neighbors facing unequal recovery after wildfires

Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a story of contrasting fortunes and unequal recovery, a stark reflection of the nation’s growing home insurance crisis

The Independent UK

California's insurer of last resort has potential exposure to LA wildfires of nearly $5 billion and reinsurance of $5.78 billion

"The FAIR Plan, a not-for-profit catastrophe insurer, has the payment mechanisms in place to ensure all covered claims will be paid."

Fortune

LA wildfires: Is insurance the next battlefront for California residents?

Before the Los Angeles wildfires, insurers such as State Farm started to pull out of fire-prone California.

Al Jazeera

‘A ton of unknowns’: months ago, LA residents lost wildfire insurance. Then the fires came

After insurers like State Farm dropped policies, to switch to the state’s Fair plan was prohibitively pricey for many

The Guardian - US

California homeowners could be on the hook for $1,000 or higher surcharge if FAIR Plan runs dry

"We are one event away from a large assessment," Victoria Roach, president of the FAIR Plan, said last year.

Fortune

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International Business Times UK

Thousands of Californians Uninsured: What Happens When Wildfires Destroy Their Homes?

Although insurers have been dropping coverage for California homeowners for years, new rules announced weeks ago will mandate them to offer policies in high-risk regions.

Capital & Main

‘We’re Still Marching Steadily Towards an Uninsurable Future’

It's likely California's homeowners will be on the hook when L.A.'s wildfire losses are added up, predicts former state insurance commissioner Dave Jones.

The Independent UK

The LA wildfires will cause chaos for California’s home insurance market

New rules allowed climate change consideration in premiums

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