Homeowner insurance rates in San Diego County could spike significantly, with some residents at risk of losing private coverage entirely.
State regulators approved a $1 billion bailout of California's insurer of last resort so that it could continue paying claims.
The decision was made to ensure the FAIR Plan can continue covering consumer claims following the southern California ...
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 ...
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 ...
Officials say that the $1 billion bailout is the largest in the history of the FAIR Plan, and will likely raise the future cost of home insurance in the state ...
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.
KGET Bakersfield on MSN23h
CA seeks $1 billion from insurers to shore up fair planNew York Times reporter Jeremy Peters and Princeton University Professor Eddie Glaude join Chris Jansing to discuss President Trump expanding and defending Elon Musk’s power to make cuts to federal ...
As property owners struggle to find insurance policies, they’ve increasingly had to rely on the FAIR Plan (Fair Access to ...
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