Homeowner Surcharge to Bailout Insurers for FAIR Plan Losses Unfair and Illegal, Says Consumer Watchdog ...Middle East

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Homeowner Surcharge to Bailout Insurers for FAIR Plan Losses Unfair and Illegal, Says Consumer Watchdog
source : PR Newswire ( Middle East ) () 35

LOS ANGELES, Feb. 11, 2025 /PRNewswire/ -- Insurance Commissioner Ricardo Lara announced today he would let home insurance companies charge every homeowner in the state for losses by the FAIR Plan in the Los Angeles fires. "The FAIR Plan is in trouble because insurance companies dumped...

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