Lara, who has been urging insurance companies to write policies in the state again despite increasing wildfire risks, says in a letter to State Farm executives that he needs more information before he ...

Expected claims payments to Los Angeles County wildfire victims appear to have exceeded $900 million for the state’s insurer of the last resort, allowing it to tap into “reinsurance ...

A new bill wants to curtail surveillance pricing, which raises prices based on individual data. If you’ve spent hours ...

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

Fire and hurricane losses cast a shadow over insurance stocks. But a deep dive shows several positives lining up for the industry.

California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...

California's insurer of last resort for fire insurance says it needs $1 billion to ensure it can continue paying claims in the wake of the Palisades and Eaton wildfires. And State Insurance ...

Insurers and policyholders could be on the hook for $1 billion to cover claims from the Southern California wildfires.

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

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 ...

Defense Secretary Pete Hegseth has announced a major shift in U.S. policy on Ukraine: The way forward, he told allies in ...

The department says it’s the first time the Fair Plan has sought approval for additional money in more than 30 years.