California FAIR Plan Price Increases [on the way?]

[marindependent]

According to a United Policyholder article/blog post: Will the loss of insurance carriers lead to a coverage crisis in California? "The FAIR Plan... is seeking a 48.8% increase in its dwelling fire rate, according to Victoria Roach, president of the association."

The Orange County Register seems to confirm this potential increase.

48% How do you like them apples?

I wonder what Ricardo Lara thinks of that?

UP Article.

 

[Markthebroker]

According to a United Policyholder article/blog post: Will the loss of insurance carriers lead to a coverage crisis in California? "The FAIR Plan... is seeking a 48.8% increase in its dwelling fire rate, according to Victoria Roach, president of the association."

The Orange County Register seems to confirm this potential increase.

48% How do you like them apples?

I wonder what Ricardo Lara thinks of that?

UP Article.

Good article.

To answer your question -I doubt Ricardo Lara thinks anything about it.

If Ricardo Lara gave two shi#s about the Ca insurance market, we wouldn't be in this mess to start with.