In earlier statements, the FAIR Plan said it can only tap into reinsurance — essentially insurance for insurance companies — once it pays its first $900 million in claims. See also ...

The stock had slumped 25% after the fires to around $50 as investors made the small-cap company into a focused bet on California’s ...

California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...

Bay Area homeowners will likely be on the hook for helping bail out California's insurer of last resort to the tune of $1 billion after it ran out of money to pay claims from the devastating Los ...

In earlier statements, the FAIR Plan said it can only tap into reinsurance — essentially insurance for insurance companies — once it pays its first $900 million in claims. See also: Why all California ...

Daniel Robinson is a writer based in Greenville, N.C. with expertise in auto insurance, loans, warranty options and more. Away from the keyboard, Daniel spends time with his wife and son, plays ...