California FAIR Plan Association
Jacob Babashoff, CPCU, is a seasoned statistical analyst currently employed by the California FAIR Plan Association since July 2022. Previously, Jacob held the position of Senior Life Product Analyst at Farmers New World Life from August 2021 to July 2022 and spent over two decades at Farmers Insurance Group of Companies in various roles, including Marketing Analyst III, Senior Product Analyst, and Senior Implementation Specialist. Jacob's notable accomplishments include leading significant changes within the company, creating training programs that elevated mentees to managerial and executive roles, and successfully implementing new product offerings. With a Bachelor of Science degree in Economics from California State Polytechnic University-Pomona, Jacob started their career with internships at Coca-Cola Enterprises and Delta Creative, followed by a leadership role at Disneyland Resort.
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California FAIR Plan Association
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The California FAIR Plan is a private association comprised of all insurers authorized to write property insurance in California. The FAIR Plan was established in July 1968 following the 1960s brush fires and riots as the state’s insurer of last resort, created to ensure access to basic property insurance for California homeowners who have been unable to obtain homeowners insurance from the voluntary market for reasons outside of their control. The FAIR Plan will write fire insurance coverage for these homeowners, regardless of a property’s wildfire risk. The FAIR Plan is committed to strengthening consumer choices in the voluntary insurance market, while ensuring that all homeowners, including those who live in areas threatened by wildfires, can obtain basic property coverage and the peace of mind they deserve.