Bay Area homeowners likely will be on the hook for a share of a massive bailout of California’s insurer of last resort after ...
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...
The insurance industry said any price hikes are necessary to ensure the FAIR Plan remains a viable option for homeowners in fire-prone parts of the state such as the East Bay hills, wine country ...
In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...
California’s home insurance plan of last resort has run out of money to ... would help stabilize the state’s market. “We will move people away from the FAIR Plan,” he said.
Earlier this month, the California Department of Insurance announced that insurance companies have paid out $4.2 billion in ...
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light of SoCal wildfires ...