While it doesn’t sound that bad on the surface — homeowners can still purchase policies — it appears as though having more ...

Consumer Watchdog sues Insurance Commissioner Ricardo Lara, alleging that rules he issued last year that will allow the ...

The California FAIR Plan (the FAIR Plan) was created to provide insurance for high-risk properties that are difficult to ...

California’s last-resort insurance program says it’s in dire financial straits after the Los Angeles wildfires.

By shrinking their presence in California, the class action lawsuit contends, insurers conspired to force homeowners onto the state’s FAIR Plan, an expensive last-resort insurance program.

In California, the state charged insurance companies $1 billion ... according to data provided by the FAIR Plan. If that homeowner chose to add coverage for wind and hail damage, they would ...

In February, the state insurance department allowed the program, known as the FAIR Plan, to collect $1 billion in emergency payments from other insurers — who are expected to pass on a ...