With rising insurance costs and fewer options, California homeowners must explore alternatives to protect their properties. Some may turn to the California FAIR Plan, a last-resort insurance ...

What happens if the FAIR plan goes bust? If the money in the FAIR Plan runs out, insurance companies operating in California may be required to contribute additional capital to the plan.

What happens if the FAIR plan goes bust? If the money in the FAIR Plan runs out, insurance companies operating in California may be required to contribute additional capital to the plan. In addition, ...

With the wildfires in Southern California finally contained ... There’s special scrutiny of the so-called “FAIR Plan,” a state-run insurer of last resort that has only $377 million in ...

Hamlin’s home was privately covered by Mercury Insurance, but Wilson was forced onto the California Fair Access to Insurance Requirements Plan — the state’s bare-bones insurance program ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The fires that devastated Pacific Palisades and Altadena, California have been a nightmare for ...

For example, the California FAIR plan — the state-created insurer of last resort for homeowners unable to get fire insurance from traditional insurers — is expected to have claims far in ...

Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other in nearly identical houses. "I chose an old home in an old neighborhood ...