California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...

California’s housing market is already one of the most expensive in the country. A San Francisco condo can cost as much as a ...

The state’s insurance of last resort is charging a $1 billion special assessment to private insurance providers, a move ...

The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...

California's state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on ...

In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...

California’s FAIR Plan is receiving a $1 billion bailout after running out of funds to cover wildfire claims, highlighting ...

CNBC's Contessa Brewer joins 'Power Lunch' to report on California’s FAIR Plan that provides insurance to homeowners who ...

California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.

By Levi Sumagaysay, After saying it would run out of funds by March, California’s last-resort fire insurance provider will ...

Bay Area homeowners likely will be on the hook for a share of a massive bailout of California’s insurer of last resort after ...

California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...