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

Lockton appoints Eric Collison as the VP and Unit Manager of Memphis office

Posted: Jun 09, 2023

Lockton announces the appointment of Eric Collison as the Vice President and Unit Manager to the glo...

Canadian P&C insurers will be able to manage wildfire-insured losses: DBRS Morningstar

Posted: Jun 09, 2023

Wildfire-insured losses will remain manageable for Canadian property and casualty (P&C) insurers...

James River Non-Exec Chairman Abram to retire

Posted: Jun 09, 2023

James River, a Bermuda-based insurance holding company, has announced the retirement of Non-Executiv...