A judge ruled that the California FAIR Plan’s smoke-damage policy violates state law, while in another matter a lawsuit from a consumer group is drawing concern from insurers that it could push the California insurance market closer to collapse.
On Tuesday, a Los Angeles County judge ruled that by denying coverage for clean-up and remediations, the FAIR Plan is violating state law.
Los Angeles County Superior Court Judge Stuart Rice on Tuesday said that the California FAIR Plan’s policy violates the insurance code because it provides less coverage than what is required by the state’s