California rejigs FAIR Plan, caps insurer cat liability, extends limits

California moved to bolster its teetering insurer of last resort, the FAIR Plan, rejigging its claims paying waterfall chart and demanding increased reporting from the firm, then offering California firms temporary relief with increased plan limits.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

Delegated business must ‘course-correct’ to avoid suboptimal underwriting: Lloyd’s

QBE snares AIG veteran to lead Portuguese and Spanish expansion

London Market Group taps Aon’s Global Broking Centre for board seat

Central European flood losses after storm Boris to hit billions, analysts predict

Tokio Marine expands marine special risks team with expert from Howden

RT Specialty shakes up specialty lines leadership

Former McKinsey and treasury veteran Charles Roxburgh to take Lloyd’s top post

Miller targets reinsurance expansion with big swoop from Price Forbes Re

California rejigs FAIR Plan, caps insurer cat liability, extends limits

Editor's picks

Editor's picks

More articles