A $1 billion assessment announced Tuesday for California’s FAIR Plan, the state-run insurer of last resort, is expected to ...

All insurers doing business in California will have to bear half the cost and can pass on the rest to all policyholders in ...

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 ...

In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...

It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.

Millions have lost coverage as a result of the national disenrollment process, which began following the COVID-19 pandemic.

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

The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...

California FAIR Plan is an insurance association made up of private companies in the California area. It’s specifically designed for home and property owners that struggle to find coverage due ...

Net cat loss, pre-tax, was pegged at $155mn-$325mn. Factors considered in the net loss figure was the subrogation recoverability for the Eaton fire, and whether the firm will count the wildfires as ...