Two lawsuits filed in Los Angeles accuse the major home insurers of colluding to limit coverage in high-risk areas across ...

AB 226, a borrowing mechanism bill passed by the state assembly, allows bond issues supporting the homeowners insurer of last ...

The Colorado legislature in 2023 approved the Fair Access to Insurance Requirements Plan in response to a growing property insurance crisis in the state.

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

SACRAMENTO — As more people in California ... cost it more than $600 million after its own reinsurance kicks in. The state's "sustainable insurance strategy" aims to reduce the FAIR plan's ...

Consumer advocates are suing to halt a massive homeowner-funded bailout of California’s ... of the additional costs insurers have paid to prop up the FAIR Plan would jeopardize the last-resort ...

And she blames one entity for that: the California Fair Plan, the state’s insurer of ... in this really lucky group of people, only to find out later that that is not at all the case,” said ...