{"id":423551,"date":"2026-08-04T13:00:14","date_gmt":"2026-08-04T13:00:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/423551\/"},"modified":"2026-08-04T13:00:14","modified_gmt":"2026-08-04T13:00:14","slug":"why-farmers-california-business-filing-is-a-signal-to-go-back-to-clients-on-the-fair-plan","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/423551\/","title":{"rendered":"Why Farmers&#8217; California business filing is a signal to go back to clients on the FAIR Plan"},"content":{"rendered":"<p dir=\"ltr\">Every business currently sitting on a FAIR Plan commercial policy is, by definition, a business that could not secure standard market coverage at the time it applied. The FAIR Plan&#8217;s own coverage is also narrower than a typical admitted commercial policy: by statute it covers only fire, lightning, internal explosion and smoke damage, meaning a FAIR Plan client generally carries no liability, business interruption, theft, water damage, or wind and hail protection unless they separately purchase a difference-in-conditions policy to wrap around it. Farmers&#8217; filing, alongside similar moves from <a href=\"https:\/\/www.insurancebusinessmag.com\/us\/companies\/zurich\/67052\/\" rel=\"nofollow noopener\" target=\"_blank\">Zurich<\/a> US and <a href=\"https:\/\/www.insurancebusinessmag.com\/us\/companies\/travelers\/67047\/\" rel=\"nofollow noopener\" target=\"_blank\">Travelers<\/a> under the same strategy, is effectively a signal that some of those accounts may now qualify for admitted market coverage with meaningfully broader terms than a bare FAIR Plan policy provides on its own.<\/p>\n","protected":false},"excerpt":{"rendered":"Every business currently sitting on a FAIR Plan commercial policy is, by definition, a business that could not&hellip;\n","protected":false},"author":2,"featured_media":423552,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[7,9,8,13767,40199],"class_list":["post-423551","post","type-post","status-publish","format-standard","has-post-thumbnail","category-california","tag-california","tag-california-headlines","tag-california-news","tag-fair-plan","tag-farmers-insurance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/423551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=423551"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/423551\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/423552"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=423551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=423551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=423551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}