The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...

The $1 billion in additional funding for the state's FAIR Plan will ensure consumer claims are paid after the devastating ...

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

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

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

The devastating wildfires in the Los Angeles region earlier this year have caused enormous financial strain on recovery mechanisms, such as the ...

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

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

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

Clashes over covering smoke damage have become a growing issue in recent years as wildfires intensify and home insurance ...

It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.

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