Californians Made to Pay More for Coverage to Help Bail Out Insurers
State regulators approved a $1 billion bailout of California's insurer of last resort so that it could continue paying claims.
Welcome to California. Pay your fire tax.
The rising cost of fire insurance was a problem in California’s rural fire-prone areas. Then it was a problem for suburban and urban fire-prone areas. Now it’s a problem for everyone. Nearly all ...
Person found dead after vehicle crashes into Delta in San Joaquin County, sheriff says
A person has died after a vehicle crashed into the Delta at Little Potato Slough in San Joaquin County on Wednesday, the sheriff's office said.
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California’s State Insurance Gets $1 Billion Infusion as Wildfire Claims Overwhelm Providers
The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...
Critical California insurer calls for $1 billion infusion to cover LA wildfire claims
California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.
Best Medicare Advantage Plans In California For 2025
If you’re considering enrolling in a Medicare Advantage plan (also known as Medicare Part C) in California to meet your ...
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Insurance commissioner says homeowners in fire zones will likely be covered in event of debris flows
As what's expected to be the most powerful winter storm of the season begins to bear down on Southern California, many residents living in and around the recent burn areas are probably asking ...
California’s backup insurance provider seeks $1B after wildfires. Policyholders could pay half
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 ...
California homeowners will have to fund half of high-risk insurer’s $1 billion ‘bailout’
The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...
California bails out FAIR Plan with $1 billion assessment in wake of LA fires
In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...
California’s insurer for people without private coverage needs $1 billion more for LA fires claims
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out ...
Mortgages won’t be available in some areas, Fed chair warns
Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Tuesday, mostly about interest rates, which he normally discusses. However, during the question and answer ...