State regulators approved a $1 billion bailout of California's insurer of last resort so that it could continue paying claims.

A recent executive order by California Gov. Gavin Newsom aims to ramp up fire safety in urban areas as new maps released by ...

California's state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on ...

With about 4.5% of California’s home insurance market, Mercury faces a double whammy from the fires that engulfed Pacific Palisades and Altadena.

The California FAIR Plan on Tuesday was allowed to seek $1 billion from insurance companies that do business in the state in response to the Los Angeles wildfires — half of which could ultimately be ...

The state’s insurance of last resort is charging a $1 billion special assessment to private insurance providers, a move ...

California's FAIR Plan imposes $1 billion assessment on homeowners and insurers to ensure solvency amidst growing wildfire ...

A California appeals court ruling that could doom insurance coverage for smoke damage claims is in line for strong pushback ...

California will collect $1 billion in special fees from insurance companies to make sure it can pay out Los Angeles fire claims filed with the Fair Plan, California's insurer of last resort, the state ...

Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies last year, adding to the state’s home-insurance crisis.

The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in ...