California's state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on ...

It’s the first time ever such a surcharge, which Floridians already know as a “hurricane tax,” will hit Californians, and ...

The California FAIR Plan was the 'insurer of last resort' for many people who lost their homes in LA last month. The FAIR Plan now needs help paying those claims.

The FAIR Plan will impose a special charge on insurers and homeowners to cover $1 billion in L.A. wildfire costs.

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

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

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

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

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

With about 4.5% of California’s home insurance market, Mercury faces a double whammy from the fires that engulfed Pacific Palisades and Altadena.

The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...