California’s last-resort insurance program says it’s in dire financial straits after the Los Angeles wildfires.

The California FAIR Plan (the FAIR Plan) was created to provide insurance for high-risk properties that are difficult to ...

Ten victims of the Palisades and Eaton fires sued the Fair Plan, accusing California's insurer of last resort of mishandling ...

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 lawsuit claims insurers conspired to force homeowners onto the FAIR Plan, a last-resort insurance program.

Consumer Watchdog sues Insurance Commissioner Ricardo Lara, alleging that rules he issued last year that will allow the ...

AB 226, a borrowing mechanism bill passed by the state assembly, allows bond issues supporting the homeowners insurer of last ...

But a large FAIR plan is a dangerous liability, as California found out last January ... report that they take in more premiums than they pay out in claims before other expenses.

Their homes survived the recent wildfires, but some homeowners said dealing with their FAIR Plan insurance is keeping them from moving back in. According to the Department of Insurance, the ...

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The couple expected the plan to pay for smoke damage inside of the ... that does not meet state standards, according to California law. A FAIR Plan spokesperson did not immediately respond to ...