Month: February 2025

Update from the California FAIR Plan

February 21, 2025 The California FAIR Plan, an independent, not-for-profit catastrophe insurer of last resort, continues to receive, manage and pay claims stemming from the Southern California wildfires. Latest Information Available As of February 19, the FAIR Plan has received approximately 3,621 claims for damage caused by the Palisades Fire and approximately 1,369 claims for […]

Published on 02/21/25

California FAIR Plan Takes Steps to Access Funds to Pay LA Fire Disaster Claims

February 11, 2025   LOS ANGELES – The California FAIR Plan, an independent, not-for-profit catastrophe insurer of last resort, has asked the California Insurance Commissioner to approve an assessment of admitted market insurers to ensure all covered claims stemming from the Southern California wildfires are paid promptly. The FAIR Plan continues to receive, manage and […]

Published on 02/11/25

Update from the California FAIR Plan

February 7, 2025 The California FAIR Plan – an independent, not-for-profit catastrophe insurer of last resort – continues to receive, manage and pay claims related to the Southern California wildfires. We remain focused on helping customers and ensuring all covered claims are paid as soon as possible. Managing Covered Claims As of February 4, the […]

Published on 02/7/25