California's FAIR Plan isn't the only insurer in the state ... Wildfire costs will deplete the company's capital and could prompt rating agencies to lower the company's financial strength rating.

The recent Los Angeles wildfires have underscored the growing vulnerability of homeowners in the urban-wildland interface, ...

CBS News Investigative Reporter Julie Watts takes a deep dive into the secrets inside California's FAIR Plan, which is ...

California’s housing market is already ... adjust to offset their increased liabilities from FAIR Plan contributions,” Fitch Ratings reported last month. The insurance costs won’t be evenly ...

The FAIR Plan recently announced a $1billion dollar assessment on participating insurers, stemming from the Pacific Palisades, Eaton, and subsequent wildfire outbreaks. California Insurance Commis ...

The FAIR Plan has not taken a position on the legislation, according to plan spokesperson Hilary McLean. If the bill passes, California could be the first state to put lawmakers on a FAIR Plan ...

FAIR Plan administrators have estimated the ... rating agencies to lower the company’s financial strength rating. On average, California homeowners pay $1,921 per year for home insurance ...

From pushing for oversight of the FAIR Plan to providing tax breaks for premiums, California lawmakers try to fix insurance market problems. This story was originally published by CalMatters.