Calif. insurance regulator looks to close coverage gap for businesses, HOAs

/ Owner - August 6, 2024

Expanded insurance coverage for homeowner and condo associations in California is the centerpiece of another round of changes planned for the state’s insurer of last resort.  The California FAIR Plan Association, according to a July 26 agreement with the state’s Department of Insurance, said it is starting work on the regulator’s plan to expand insurance coverage for farms, builders, businesses with multiple buildings and homeowners and condo associations.   Read the article…………………………….

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