States responded by establishing Fair Access to Insurance Requirements plans, sometimes called assigned-risk pools or FAIR plans, to serve people unable to purchase property insurance in the voluntary market because of excessive risk that may be beyond their control.
What does FAIR stand for?
FAIR stands for Fair Access to Insurance Requirements (insurance for those unable to obtain property insurance elsewhere)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of FAIR
We have 86 other meanings of FAIR in our Acronym Attic
- Fellow of the Australian Institute of Project Management
- Federation of All India Petroleum Traders
- First Article Initial Production Test
- Financial Advisers' International Qualification (UK)
- Frequently Asked Interview Questions
- Fellow of the Australian Institute of Quantity Surveyors
- Facebook Artificial Intelligence Research
- Facility Annual Inspection Report
- Facility for Antiproton and Ion Research
- Factor Analysis of Information Risk
- Fair Activities Inventory Reform
- Fair, Accurate, Inclusive, and Respectful Educatin Act (California)
- Fairness & Accuracy In Reporting
- Fairness and Accountability in Insurance Reform
- Fairness in Asbestos Resolution Act of 2003
- Falsely Advertised, Ill-conceived Rhetoric
- Families Acting for Innocent Relatives (UK)
- Families Are Important Resources (Growing Up Healthy Downtown project)
- Fast and Intertwined Regular (Lanes; traffic management)
- Federal Accountability Initiative for Reform
Samples in periodicals archive:
Only a dozen or so of these plans, called Fair Access to Insurance Requirements, or FAIR plans, offer homeowners coverage.
Using her leverage in business and politics, Procope spearheaded the creation of the Fair Access to Insurance Requirements Plan in 1968.
After October 1968, this reinsurance was made available only to companies that fully participated in plans to provide urban property owners fair access to insurance requirements, called FAIR plans.