The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...
The State Department of Insurance plans a public hearing in February about changes in regulations allowing homeowners insurance companies to drop up to 5% of policyholders or even more in some cases.
The FAIR Plan will impose a special charge on insurers and homeowners to cover $1 billion in L.A. wildfire costs.
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special charge of $1 billion on homeowners and insurance companies, the first such move ...
Fire insurance has become more costly—if it's available at all—in California, leading more Golden State homeowners to turn to the FAIR Plan, a government-backed insurer of last resort.
The State Department of Insurance plans a public hearing in February about changes in regulations allowing homeowners insurance companies to drop up to 5% of policyholders or even more in some cases.