The fires that swept through Los Angeles in January will have deep and long-lasting effects on the state’s already stressed ...

The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...

As Angelenos begin the long process of rebuilding after recent devastating wildfires, a program created in the aftermath of ...

California’s housing market is already one of the most expensive in the country. A San Francisco condo can cost as much as a ...

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 insurance companies — which will in turn pass the costs ...

By Levi Sumagaysay, After saying it would run out of funds by March, California’s last-resort fire insurance provider will ...

See also: Anguished homeowners struggle to keep their insurance However, it’s not yet clear if the FAIR Plan needs to invoke these payment mechanisms. “We have not yet asked the California ...

“The FAIR Plan is suitable as the insurer of last resort,” he said, adding that while it provides coverage, it comes with ...

California's state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on private insurers to ensure it can continue paying claims from the devastating ...

California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...

Insurers and policyholders could be on the hook for $1 billion to cover claims from the Southern California wildfires.