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California home insurance program accused of selling policies with subpar fire coverage

Por: Los Angeles Times Nation July 26, 2024

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A class-action lawsuit against the California FAIR Plan Assn. accuses the state’s insurance program of last resort of unlawfully selling policies with subpar coverage for fire and smoke damage. The lawsuit was filed Wednesday in Alameda County Superior Court on behalf of four California residents who seek to represent more than 365,000 FAIR Plan policyholders. Funded by a pool of private insurers who write policies in the state, the FAIR Plan... + full article



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