Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...

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

California’s insurer of last resort reported that claims now are high enough to trigger “re-insurance” payments from back-up ...

The California FAIR Plan has doubled in size since 2015, now accounting for roughly half a million policyholders across the ...

Farmers Insurance Group issued its initial California wildfire loss report last week, pegging losses at $1.60bn to $2.15bn, ...

In a vicious cycle, the sector’s financing of oil and gas is having an impact on its bottom line. How Big Insurance’s ...