Category: Uncategorized

FAIR Plan to Offer New Discounts for Homeowners Taking Steps to Protect Against Wildfire

FOR IMMEDIATE RELEASE July 26, 2023 Contact: Media@cfpnet.com FAIR Plan to Offer New Discounts for Homeowners Taking Steps to Protect Against Wildfire   LOS ANGELES – The California FAIR Plan Association announced that it will introduce new home hardening discounts, effective August 23, 2023, for policyholders who take steps to make their homes safer from […]

Published on 07/26/23

Commissioner Lara and FAIR Plan reach agreement to increase commercial coverage limit to $20 million

CALIFORNIA DEPARTMENT OF INSURANCE NEWS RELEASE FOR IMMEDIATE RELEASE: Wednesday, March 29, 2023 CONTACT: (916) 492-3566 main Michael Soller: (916) 661-0556 cell Gabriel Sanchez: (213) 418-5338 cell MEDIA E-MAIL INQUIRIES: cdipress@insurance.ca.gov Commissioner Lara and FAIR Plan reach agreement to increase commercial coverage limit to $20 million This important adjustment more than doubles existing coverage limit […]

Published on 03/30/23

Victoria Roach to Serve as New President of California FAIR Plan

Victoria Roach to Serve as New President of California FAIR Plan Victoria Roach has been appointed by the California FAIR Plan’s Executive Committee to serve as the association’s next president. Ms. Roach joined the FAIR Plan in 2019 and most recently served as Senior Vice President of Business Operations. Ms. Roach will assume the new […]

Published on 02/22/22

California FAIR Plan to Ask Court of Appeal to Stay HO-3 Order

FOR IMMEDIATE RELEASE February 11, 2022 California FAIR Plan to Ask Court of Appeal to Stay HO-3 Order  This California FAIR Plan’s issued the following statement in response to the Los Angeles Superior Court’s February 10, 2022 denial of a request to stay the California Department of Insurance’s September 2021 Order ordering the FAIR Plan […]

Published on 02/11/22

California FAIR Plan Issues Statement on CDI Approval of Commercial Coverage for Farms

California FAIR Plan Issues Statement on CDI Approval of Commercial Coverage for Farms California FAIR Plan President Anneliese Jivan today issued a statement following the California Department of Insurance’s approval of new commercial coverage for farms: “Now that our rate filing has been approved, the FAIR Plan can finalize the complex programming and testing needed […]

Published on 01/25/22

California FAIR Plan Association Takes Legal Action to Protect California Homeowners

California FAIR Plan Association Takes Legal Action to Protect California Homeowners LOS ANGELES – The California FAIR Plan Association (FAIR Plan) today filed a notice of appeal challenging portions of a ruling by the Los Angeles Superior Court to prevent unnecessary rate increases for all FAIR Plan policyholders and to safeguard the role of the […]

Published on 10/14/21

California FAIR Plan Submits Filing to Provide Property Insurance to Farms

The California FAIR Plan Association (FAIR Plan) today submitted its farm product rate filing to the California Department of Insurance (CDI) ahead of the 90-day deadline imposed in Senate Bill 11. The filing marks a key step in implementing the new law to allow the FAIR Plan to provide basic property coverage for farms, which […]

Published on 10/8/21