FAIR Plan running out of money; homeowners may end up bailing it out
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its own. The California Department of Insurance approved the FAIR Plan's request to collectively charge private insurance companies $1 billion in order to help pay claims, the department announced Tuesday. Without factoring in…
This article is available to Insider Pro subscribers only.Sign in or register to be an Insider Pro and access ALL LOCKED articles.
Trump presses for lower interest rates even as U.S. inflation edges up to 3% in January
Under the Dome: Health bill moves forward along party lines — with three exceptions
Advisor News
- CFP Board appoints K. Dane Snowden as CEO
- TIAA unveils ‘policy roadmap’ to boost retirement readiness
- 2026 may bring higher volatility, slower GDP growth, experts say
- Why affluent clients underuse advisor services and how to close the gap
- America’s ‘confidence recession’ in retirement
More Advisor NewsAnnuity News
- Insurer Offers First Fixed Indexed Annuity with Bitcoin
- Assured Guaranty Enters Annuity Reinsurance Market
- Ameritas: FINRA settlement precludes new lawsuit over annuity sales
- Guaranty Income Life Marks 100th Anniversary
- Delaware Life Insurance Company Launches Industry’s First Fixed Indexed Annuity with Bitcoin Exposure
More Annuity NewsHealth/Employee Benefits News
- Dozens laid off at Blue Cross of Idaho amid organizational changes
- Rising health care costs will hurt Main St.
- House committee advances bill aimed at curbing Medicaid costs, expanding access for elderly Hoosiers
- OHIO CAPITAL JOURNAL: 'HUSTED TOOK THOUSANDS FROM COMPANY THAT PAID OHIO $88 MILLION TO SETTLE MEDICAID FRAUD ALLEGATIONS'
- Far fewer people buy Obamacare coverage as insurance premiums spike
More Health/Employee Benefits NewsLife Insurance News