CA Fair Plan adopts guidelines for assessments in the event of massive loss
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CA Fair Plan adopts guidelines for assessments in the event of massive loss

This gives carriers “a pretty clear path” to spread out the risk above a certain amount.

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A new stipulation between the California Department of Insurance (CDI) and the Fair Plan lays out clearer guidelines about how private carriers can recoup capital in the event of an assessment levied by the Fair Plan following a large...

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