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

The stock had slumped 25% after the fires to around $50 as investors made the small-cap company into a focused bet on California’s ...

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

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 ...

The California FAIR Plan was the 'insurer of last resort' for many people who lost their homes in LA last month. The FAIR Plan now needs help paying those claims.

The FAIR Plan will impose a special charge on insurers and homeowners to cover $1 billion in L.A. wildfire costs.

As California grapples with a home insurance crisis, Insurance Commissioner Ricardo Lara is taking action he says will save ...

After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...

California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los ...

It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.

Bay Area homeowners will likely be on the hook for helping bail out California's insurer of last resort to the tune of $1 billion after it ran out of money to pay claims from the devastating Los ...