California to increase commercial limits for FAIR Plan cedents

Share!

Reinsurance News - Mar 31, 2023

Insurance Commissioner Ricardo Lara and the California FAIR Plan Association have agreed to increase commercial coverage limits to $20 million for businesses unable to find coverage in the normal insurance marketplace. This adjustment more than doubles existing coverage limit options for businesses...

Read Full Article

Recommended Articles

Sola raises $3.7m in seed round to provide affordable natural disaster insurance

Posted: Dec 06, 2024

Insurtech company Sola has closed its seed round, bringing total funding to $3.7 million, furthering...

James Irvine joins Oak Re as chief underwriting officer

Posted: Dec 06, 2024

Global reinsurance firm Oak Re has announced the appointment of James Irvine as chief underwriting o...

Concert promotes Scott Stosek to Director of Finance & CFO of Harmony Re

Posted: Dec 06, 2024

Concert Group Holdings (Concert), a privately owned insurance holding company, has promoted Scott St...