Category: Announcements

FAIR Plan Clearinghouse Will Include Commercial Policies July 1

The California FAIR Plan Association (FAIR Plan) will expand its clearinghouse to include commercial policies, such as those covering farms and condos, beginning July 1, following the passage of Senate Bill 505 (Rubio) in 2023. This expansion represents a further step toward depopulating the FAIR Plan and stabilizing California’s property insurance market. In 2020, the FAIR Plan worked […]

Published on 06/24/24

The California FAIR Plan Association Enters New Partnership with Zesty.ai to Better Assess Wildfire Risk Leveraging Aerial Imagery and Artificial Intelligence

The California FAIR Plan Association Enters New Partnership with Zesty.ai to Better Assess Wildfire Risk Leveraging Aerial Imagery and Artificial Intelligence After evaluating multiple solutions, the state’s insurer of high risk homes selected Z-FIRE™, Zesty.ai’s predictive wildfire risk model LOS ANGELES & OAKLAND, CALIF., August 11, 2021: Zesty.ai and the California FAIR Plan Association (FAIR […]

Published on 08/13/21

California FAIR Plan Association Issues Statement on Recent Court Ruling

California FAIR Plan Association Issues Statement on Recent Court Ruling Setting Aside California Department of Insurance Commissioner’s Order The California FAIR Plan Association (FAIR Plan) issued the following statement regarding a recent decision by the Los Angeles Superior Court involving orders issued in 2019 by California Insurance Commissioner Ricardo Lara that the FAIR Plan challenged. […]

Published on 07/23/21