California’s last-resort insurance program says it’s in dire financial straits after the Los Angeles wildfires.

AB 226, a borrowing mechanism bill passed by the state assembly, allows bond issues supporting the homeowners insurer of last ...

"The reason that we can't move back into our house is because California FAIR ... testing or treatment, the cost for testing would be paid for by the FAIR Plan, and if remediation is appropriate ...

The regulation to allow insurers to shift some of the costs used to sustain the FAIR Plan is among the strategies unveiled by Lara last year. California is undergoing a yearlong effort to ...

SACRAMENTO — As more people in California ... cost it more than $600 million after its own reinsurance kicks in. The state's "sustainable insurance strategy" aims to reduce the FAIR plan's ...