Wildfires have become a growing concern in California particularly in regions like Los Angeles where dry conditions and strong winds create a high-risk environment As homeowners struggle to find compr ...

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

California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out ...

Bay Area homeowners likely will 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 ...

For example, the combined cost of California FAIR Plan coverage and a DIC policy was about $3,200 per year in 2022, which is more than double the cost of a standard home insurance policy in ...

leading to the establishment in 1996 of the California Earthquake Authority, a not-for-profit that now provides about two thirds of the state’s earthquake coverage. As the FAIR Plan’s ...

The California FAIR (Fair Access to Insurance Requirements) Plan was established in 1968 to provide insurance options for Californians who are unable to obtain coverage through a traditional ...

More than 4,400 fire-affected homeowners in Los Angeles County have filed insurance claims with the state’s insurer of last resort — the California FAIR Plan. That’s enough to kick the plan ...

Home owners in high fire risk areas probably already know they have a good chance of being routed to the California Fair Plan for the fire portion of their ... policy called a Difference in Conditions ...