In earlier statements, the FAIR Plan said it can only tap into reinsurance — essentially insurance for insurance companies — once it pays its first $900 million in claims. See also ...

Florida lawmakers will soon consider a bipartisan bill that would expand windstorm coverage through Citizens Property Insurance to all property owners statewide, but the proposal is not without its ...

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

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.

Minnesota State Fair tickets and parking costs will go up this year to fund more than $20 million in improvements and keep up with rising operational expenses, leaders announced Sunday. Ticket ...

Harvey Rosenfield, Consumer Watchdogs, talks about the California FAIR Plan’s $1 billion bailout and the plan to impose a ...

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 ...

The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its own. The California Department of Insurance approved the FAIR Plan's ...

From the column: "While California is at the forefront of this crisis, the impact of these fires will be felt by homeowners ...

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

Wildfires have become a growing concern in California particularly in regions like Los Angeles where dry conditions and strong winds create a high-risk environment As homeowners struggle to find compr ...