Best’s News & Research Service - June 23, 2025 09:33 AM (EDT)
Best's Review Examines How FAIR Plans Are Finding Competitive Foothold
- June 23, 2025 09:33 AM (EDT)
//BestWire// - In its June issue, Best’s Review reports on how insurers, without the rate adequacy they need to sustain their books, are exiting high-risk areas and leaving consumers with few remaining options. Many homeowners have had to turn to the residual market because of a decline in availability of coverage, even though FAIR Plan policies may cost more than private insurance in the voluntary market and may offer less coverage. Read the article here.
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