Bay Area homeowners will likely be on the hook for helping bail out California’s insurer of last resort to the tune of $1 ...

California’s insurance commissioner approved a plan Tuesday, Feb. 11, to keep the state’s insurance of last resort solvent by ...

The California FAIR Plan, the insurer of last resort, received approval to assess member carriers $1 billion to help pay its ...

CNBC's Contessa Brewer joins 'Power Lunch' to report on California’s FAIR Plan that provides insurance to homeowners who ...

California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...

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

Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...

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

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

That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...

Insurers are not required to recover participation fees, according to the draft regulations. However, those choosing to do so ...

Ordering the insurance companies’ FAIR Plan to continue swiftly paying claims to Southern California wildfire survivors, Insurance Commissioner ...