California's Insurer of Last Resort Would Face More Scrutiny Under Bill Heading to Newsom's Desk
The new law mandates participation by top lawmakers on the FAIR Plan committee and requires an automatic payment system by 2026 amid a 154% policy surge since 2021.
10 Articles
10 Articles
California’s FAIR Plan would face more scrutiny under bill heading to Newsom’s desk
By Levi Sumagaysay and Nadia Lathan | CalMatters In the closing days of the legislative year, California lawmakers sent Gov. Gavin Newsom a bill that is meant to toughen scrutiny of the state’s embattled fire insurer of last resort by insisting that two of their leaders join its governing committee. Assembly Bill 234 would put the state’s two top lawmakers — currently Senate President Pro Tem Mike McGuire and Assembly Speaker Robert Rivas — on t…
California's insurer of last resort would face more scrutiny under bill heading to Newsom's desk
In summary The FAIR Plan faces accusations of denying smoke-damage claims and more. Can California lawmakers keep the insurer of last resort accountable? In the closing days of the legislative year, California lawmakers sent Gov. Gavin Newsom a bill that is meant to toughen scrutiny of the state’s embattled fire insurer of last result by insisting that two of their leaders join its governing committee. Assembly Bill 234 would put the state’s two…

California’s insurer of last resort would face more scrutiny under bill heading to Newsom’s desk
This story was originally published by CalMatters. Sign up for their newsletters. In the closing days of the legislative year, California lawmakers sent Gov. Gavin Newsom a bill that is meant to toughen scrutiny of the state’s embattled fire insurer of last result by insisting that two of their leaders join its governing committee. Assembly […] The post California’s insurer of last resort would face more scrutiny under bill heading to Newsom’s d…
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