Commissioner Lara approves major FAIR Plan expansion to help HOAs, builders, farmers, and businesses access insurance coverage (CA)

/ Owner - March 29, 2025

Insurance Commissioner Ricardo Lara today announced the approval of the California FAIR Plan Association’s commercial filing to increase commercial property coverage limits. This move is a key element of Commissioner Lara’s ongoing Sustainable Insurance Strategy and continues the implementation of landmark reforms to address California’s property insurance crisis.   Read the article…………………………….

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