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

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

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

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 ...

Before thousands lost their homes in the recent Los Angeles wildfires, many had lost their insurance. Some residents found ...

Insurers must have any increases in premiums approved ... California homeowners scrambling for coverage. Some were forced into the state’s so-called “last resort,” the California FAIR Plan ...

She was forced to switch to the California Fair Plan, the state’s insurer of last ... rates—a shocking request after Lara had typically approved increases of less than 7%.

The California Fair Plan (CFP) has already paid out more than ... The CFP must get CDI approval before assessing those private carriers for losses that exceed its reserves. Overall damages from ...

Sinking yields lessened the intense pressure on EM currencies, pressure which had forced 'doom loop' EM currency intervention ...

After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special charge of $1 billion on homeowners and insurance companies, the first such move ...