The California Department of Insurance published an order approving the California FAIR plan’s request to issue an assessment, following major losses from recent wildfires. The last time the FAIR plan assessed the industry was in 1994 and 1995 after the Northridge Earthquake.

California Insurance Code section 10094(c) provides that the California FAIR Plan Association can issue an assessment to all members for an amount necessary to operate the FAIR Plan, with approval from the commissioner of insurance.

This premium content is locked for FC&S Coverage Interpretation Subscribers

Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.

  • Quality content from industry experts with over 60 years insurance experience, combined
  • Customizable alerts of changes in relevant policies and trends
  • Search and navigate Q&As to find answers to your specific questions
  • Filter by article, discussion, analysis and more to find the exact information you’re looking for
  • Continually updated to bring you the latest reports, trending topics, and coverage analysis