August 2, 2009 12:00 AM
SANTA BARBARA The second of two investigatory hearings conducted this month by the California Insurance Commissioner will be held at the Santa Barbara County Administration Building at 105 E. Anapamu St. at 6:30 p.m. on Aug. 25.
The purpose for the hearings is to review the adequacy of the insurance plans, standards and rates offered by the California FAIR Plan.
The meetings will also provide a forum to review whether the FAIR Plan is in line with the needs of fire officials in assisting in reducing the loss of property when wildfire occurs and in assessing the availability of private market insurance to homeowners in fire prone areas.
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