Bay Area homeowners will likely 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 ...

Leaving California would not relieve insurers of their share of the assessment for the FAIR Plan. But they might conclude that continuing to write home insurance policies in the state has become ...

"The FAIR Plan is in trouble because insurance companies dumped too many homeowners. That's why insurers are on the hook for FAIR Plan losses. Homeowners across California should not have to pay a ...

If the state-created insurance pool runs out of money, it can invoke payment mechanisms that can affect virtually every insured home and building owner in the state. The FAIR Plan provides ...

Here's what to know about the increase in California home and insurance policyholders. Under the statute, Commissioner Lara approved the FAIR Plan’s request, known as an “assessment ...

“The FAIR Plan is in trouble because insurance companies dumped too many homeowners. That’s why insurers are on the hook for FAIR Plan losses,” said Carmen Balber, executive director of ...

Property owners across California will likely pay higher insurance premiums to help cover the damages of the Los Angeles wildfires after the state's insurance plan of last resort said it doesn't ...