California FAIR Plan
California FAIR Plan is an insurer of last resort, not a standard market carrier. Insurer of last resort. Fire and limited perils; pair with a DIC policy for full coverage.
Event history
Governor signs AB 2061, requiring the FAIR Plan to post policy counts by ZIP Code each quarter
The Governor’s office listed AB 2061 (Chen), California FAIR Plan Association: data, among bills signed on September 30, 2026; leginfo records it approved that day and chaptered as Chapter 918, Statutes of 2026. Per the Legislative Counsel’s Digest, the FAIR Plan Association must each quarter post on its website specified information, including the number of policies it has issued in each ZIP Code and its risk exposure, and the requirement to publish its toll-free number in telephone directories is deleted. The bill carries double-jointing language with AB 69, signed September 27. Scheduled output: quarterly ZIP-level FAIR Plan policy counts. Sets no carrier status.
Source: Office of the Governor of California, legislative update, September 30, 2026 · verified 2026-10-05
Governor signs AB 1680, the Make It FAIR Act, on California FAIR Plan oversight
The Governor’s office listed AB 1680 (Calderon), California FAIR Plan Association, among bills signed in its legislative update of September 27, 2026. Per the Legislative Counsel’s Digest of the enrolled bill, it requires the FAIR Plan Association to take corrective actions specified by the Insurance Commissioner to rectify violations identified in a report of examination or other operational report, subjects the association to a penalty of up to $20,000 for failing to take that action within an agreed timeframe, sets civil penalties for other violations of up to $10,000 per act or $20,000 if willful, and authorizes the Commissioner to require the association to adjust the policy limits available under its programs and to offer additional fair rental value coverage under its renters program. It is drafted to operate together with AB 69, signed the same day. The legislative record read on September 28, 2026 did not yet show a chapter number. This follows the enrolled-bill event of September 4, 2026; it changes oversight of the FAIR Plan and sets no carrier status.
Source: Office of the Governor of California, legislative update, September 27, 2026 · verified 2026-09-28
Governor signs AB 69 on FAIR Plan policy notices, renewals and clearinghouse offers
The Governor’s office listed AB 69 (Calderon), FAIR Plan policy notices and renewals, among bills signed on September 27, 2026. Per the Legislative Counsel’s Digest of the enrolled bill: on and after January 1, 2028 the FAIR Plan Association may share policyholder information with insurers in its clearinghouse program so they can offer voluntary-market policies to FAIR Plan policyholders, with any offer made simultaneously to the agent or broker of record; beginning May 1, 2027 participating insurers must report quarterly the number of policies issued to FAIR Plan policyholders, and the association must report aggregated numbers and post a quarterly-updated list of participating insurers on its website; the association must give every policyholder a notice of coverage options at least annually, including at issuance and each renewal; and agents and brokers must provide clearinghouse information and complete association training on advising policyholders about voluntary-market options. The legislative record read on September 28, 2026 did not yet show a chapter number. Scheduled output: quarterly clearinghouse take-out counts from May 2027. Sets no carrier status.
Source: Office of the Governor of California, legislative update, September 27, 2026 · verified 2026-09-28
AB 1680, the Make It FAIR Act, passes the Legislature and is enrolled for the Governor
AB 1680 (Assembly Member Lisa Calderon), the Make It FAIR Act, would require the California FAIR Plan Association’s insurance-company-run governing board to implement recommendations issued by the Insurance Commissioner to strengthen operations, improve policyholder claims handling and enhance financial oversight. The Legislature gave final approval on August 31, 2026 when the Assembly concurred in Senate amendments by 72 ayes to 1 no, and the bill was enrolled on September 4, 2026. The Department of Insurance announced it on September 2, 2026 as one of ten Commissioner-sponsored bills awaiting the Governor’s signature. Not yet law: the legislative record shows the measure as passed and enrolled, with no chaptered date. This site records the FAIR Plan’s policy counts as the California residual market series, so a change to its oversight is recorded here as history; it sets no carrier status.
Source: California Legislative Information, AB-1680 bill status · verified 2026-09-07
Commissioner authorizes a $600 million revolving line of credit for the California FAIR Plan
Stipulation and Order No. 2026-1, executed by Commissioner Lara on February 27, 2026 and final upon execution, authorizes the FAIR Plan to obtain a $600 million revolving line of credit with a maturity date of February 26, 2027, offered by a private lending group. The order also promulgates a revised Plan of Operation (Ed. 2/27/26), which requires the FAIR Plan to give the Commissioner its quarterly reports at least four business days before posting them publicly, and discharges Order 2025-2. The order states the facility is intended to provide financing for prompt payment of claims and to potentially avoid the need to levy an assessment on member insurers to pay extraordinary catastrophe losses, as happened after the January 2025 Los Angeles area wildfires.
Source: California Department of Insurance, Stipulation and Order No. 2026-1 · verified 2026-08-17
Legislation announced to transform the California FAIR Plan
Commissioner Lara and Assemblymember Calderon announced legislation aimed at transforming the California FAIR Plan, the state insurer of last resort.
Source: California Department of Insurance press release · verified 2026-07-02
Governor signs a five-bill package reforming the California FAIR Plan
Governor Newsom signed five bills on October 9, 2025 affecting the California FAIR Plan, the state’s insurer of last resort: AB 1 (Connolly) on residential property insurance and wildfire risk, AB 226 (Calderon) on the FAIR Plan Association, AB 234 (Calderon) on the FAIR Plan governing committee, AB 290 (Bauer-Kahan) on FAIR Plan automatic payments, and SB 525 (Jones) on FAIR Plan coverage for manufactured homes. The Governor’s office states the package gives the FAIR Plan new financing mechanisms to pay claims more quickly, adds oversight, changes the policyholder experience and extends coverage to manufactured homes, and requires the Department of Insurance to reconsider home hardening measures every five years as part of Safer from Wildfires. All five were confirmed chaptered 10/09/25 on the Legislature’s own records, 5 of 5 checked. Recorded as history: it is a change to the residual market this site tracks as the California series, and it sets no individual carrier status.
Source: Office of the Governor of California press release · verified 2026-09-07