California FAirsize FAIR Plan Faces Legal Heat for Alleged Policy Shortcomings
Oakland, Calif. — Tensions run high in California where a recent lawsuit filed in Alameda County Superior Court has hurled serious accusations against the California FAIR Plan. The lawsuit alleges that the insurer’s standard policies are not only providing inadequate coverage but are also breaching state laws that safeguard policyholders against fire damage. The California FAIR Plan, established as a last-resort insurance pool, is under scrutiny for allegedly offering coverage that falls short of the state-mandated minimums for fire insurance, essential for the residents of a state prone to wildfires. According to the legal complaint … Read more