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

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 ...

The California FAIR Plan, the state's insurer of last resort, has received approval to assess its member carriers $1 billion ...

The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...

In the aftermath of the Los Angeles fires, the FAIR plan gets a $1 billion bailout — the latest indication that California’s ...

The department says it’s the first time the Fair Plan has sought approval for additional money in more than 30 years.

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

The California FAIR Plan Association, a consortium of all insurers licensed to provide property insurance in the state, has ...