A $1 billion assessment announced Tuesday for California’s FAIR Plan, the state-run insurer of last resort, is expected to ...

It’s the first time ever such a surcharge, which Floridians already know as a “hurricane tax,” will hit Californians, and ...

The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its own. The California Department of Insurance approved the FAIR Plan's ...

Amidst our evolving climate realities, many Americans are feeling the financial pinch of the climate crisis in insurance ...

The California FAIR Plan was the 'insurer of last resort' for many people who lost their homes in LA last month. The FAIR Plan now needs help paying those claims.

As property owners struggle to find insurance policies, they’ve increasingly had to rely on the FAIR Plan (Fair Access to ...

As California grapples with a home insurance crisis, Insurance Commissioner Ricardo Lara is taking action he says will save California's insurance program of last resort, known as the FAIR Plan.

Bay Area homeowners will likely 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 ...

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

The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...

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