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

The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its own. Instead, it will turn to private insurers for help — triggering a ...

Bay Area homeowners will likely be on the hook for helping bail out California's insurer of last resort to the tune of $1 billion after it ran out of money to pay claims from the devastating Los ...

Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...

state law gives the FAIR Plan the ability to pass the hat among more than 100 fully licensed insurance companies in the state, provided Insurance Commissioner Ricardo Lara approves such an ...

Bay Area homeowners will likely be on the hook for a share of a massive bailout of California "s insurer of last resort after it ran out of money to pay claims arising from the devastating Los Angeles ...