State regulators approved a $1 billion bailout of California's insurer of last resort so that it could continue paying claims.
Bay Area homeowners likely will 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 ...
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
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