California’s housing market is already one of the most expensive in the country. A San Francisco condo can cost as much as a ...

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

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

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

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

Bay Area homeowners likely will be on the hook for a share of a massive bailout of California’s insurer of last resort after ...

California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...

The $1 billion in additional funding for the state's FAIR Plan will ensure consumer claims are paid after the devastating wildfires in Southern California, Lara said. Members of the FAIR Plan ...

California’s insurer of last resort reported that claims now are high enough to trigger “reinsurance” payments from back-up providers.

California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out ...

These days, the FAIR (Fair Access to Insurance Requirements) Plan is becoming more of a first option than a last resort. The reliance on the program today stems from the state’s private insurance ...