CNBC's Contessa Brewer joins 'Power Lunch' to report on California’s FAIR Plan that provides insurance to homeowners who ...

In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...

California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...

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

That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...

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

California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires, the state Insurance Department said ...

The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...

The California Department of Insurance said Tuesday they will allow the FAIR Plan, designed for Californians who can’t get coverage on the private market, to collect $1 billion from insurers ...

The California FAIR Plan Association, a consortium of all insurers licensed to provide property insurance in the state, has ...

YEAH, THAT’ California’s plan that provides insurance ... the state Insurance Department said Tuesday. The FAIR Plan is an insurance pool that all the major private insurers pay into, and ...