As California grapples with a home insurance crisis, Insurance Commissioner Ricardo Lara is taking action he says will save ...

The FAIR Plan will impose a special charge on insurers and homeowners to cover $1 billion in L.A. wildfire costs.

After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...

State regulators approved a $1 billion bailout of California's insurer of last resort so that it could continue paying claims.

California’s state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on ...

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.

California’s housing market is already one of the most expensive in the country. A San Francisco condo can cost as much as a ...

NEW YORK, Feb. 12 (Xinhua) -- California's home insurance plan of last resort has run out of money to pay the wave of claims stemming from the Los Angeles fires and will receive a bailout of 1 billion ...

The rising cost of fire insurance was a problem in California’s rural fire-prone areas. Then it was a problem for suburban and urban fire-prone areas. Now it’s a problem for everyone. Nearly all ...

Lancashire Holdings has estimated its aggregate net ultimate losses from the recent wildfires in California at $145 million ...

California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los ...

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 ...