In a statement released Thursday, Jan. 30, the California FAIR Plan reported receiving more than 4,400 claims from victims of the Palisades and Eaton fires in the past three weeks. “The FAIR ...

What's going on with the FAIR plan in a post-Eaton and Palisades fires California? What's the backstory to the frozen Consumer Financial... Bailing out the FAIR plan, broligarchs beef, and CFPB RIP?

And State Insurance Commissioner Ricardo Lara approved the California FAIR Plan's request to assess insurance companies for the funds it needs. Lara's approval limits how much of the assessment ...

Insurers and policyholders could be on the hook for $1 billion to cover claims from the Southern California wildfires.

You can get in touch with Hugh by emailing h.cameron@newsweek.com Since the expiration of COVID-19 related health care guarantees, public insurance coverage in California has dropped by over 850,000.

New bills target California FAIR Plan, insurance companies and more The updated figures surrounding claims and payouts concerning the Los Angeles County wildfires come as Lara announced Friday ...

The strongest storm to impact parts of California in over a year has arrived ... are expected to cost the plan $4 billion. West Coast storminess comes as parts of the eastern US are dealing ...

OTTAWA (dpa-AFX) - Thursday, President Donald Trump unveiled a plan for fair, free and reciprocal trade, ordering concerned agencies to chalk out plans for new reciprocal tariffs that could boost ...

comes as California FAIR Plan faces $4 billion in wildfire losses that exceed its available cash and reinsurance it can access at this time. "I took this necessary consumer protection action with ...

Many homeowners have had to turn to the California Fair Access to Insurance Requirements, or FAIR, Plan, a coverage pool funded by insurance companies operating in California that’s required by ...

The California FAIR Plan, the insurer of last resort, received approval to assess member carriers $1 billion to help pay its L.A. fire losses -- with consumers possibly on the hook for nearly half.

However, as AI systems become more sophisticated, their decision-making processes often become less transparent. This opacity, referred to as the "black-box" problem, creates challenges for trust ...