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  2. California FAIR Plan - Wikipedia

    en.wikipedia.org/wiki/California_FAIR_Plan

    The plans are typically more expensive and provide less coverage than commercial plans. [5] If the FAIR Plan does not have the money to pay out all claims, it collects money from insurance companies that operate in California. [5] According to data from 2020, the FAIR Plan covers 2.5% of the statewide market share, but 20.4% of the market share ...

  3. Blazes could break California’s last-resort insurer; plans ...

    www.aol.com/blazes-could-break-california-last...

    In the Pacific Palisades, where State Farm recently canceled over 1,600 policies a few months ago, FAIR plan residential plans in the 90272 zip code grew 85% from 2023 to 2024.

  4. Federally Facilitated Marketplace - Wikipedia

    en.wikipedia.org/wiki/Federally_Facilitated...

    Individuals (i.e. citizens of a state) and employers will have the ability to find and purchase Qualified Health Plans through the FFM and its partners. [1] Individuals will be able to qualify for and receive Advance Premium Tax Credits (APTC) which can be used to subsidize their premium obligations.

  5. California FAIR Plan insurance: What it is and how it works - AOL

    www.aol.com/finance/california-fair-plan...

    The California FAIR Plan is an insurance program of last resort for homeowners in high-risk areas of the Golden State who are unable to obtain fire coverage in the private insurance market.

  6. California Department of Insurance - Wikipedia

    en.wikipedia.org/wiki/California_Department_of...

    Its budget is primarily derived from funds generated by license fees, assessments, and Proposition 103 recoupment fees. The CDI licenses over 1,500 insurance companies and more than 320,000 insurance agents and insurance brokers in the state of California, United States. The current California Insurance Commissioner is Ricardo Lara.

  7. US govt sets rule meant to speed up insurance approvals - AOL

    www.aol.com/news/us-govt-sets-rule-meant...

    The rule applies to health insurance companies providing government backed-insurance plans such as Medicare for those aged 65 and above, and the Medicaid plan for low-income individuals.

  8. California Insurance Code - Wikipedia

    en.wikipedia.org/wiki/California_Insurance_Code

    [A]n insurer may, under [California] Insurance Code sections 331 and 359, rescind a fire insurance policy based on an insured's negligent or unintentional misrepresentation of a material fact in an insurance application, notwithstanding the willful misrepresentation clause included in the required standard form fire insurance policy (Insurance ...

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