Insurers and policyholders could be on the hook for $1 billion to cover claims from the Southern California wildfires.

California’s high-priced state-created insurer of last resort can’t handle claims from the Los Angeles fires. Lawmakers knew this was coming, but did nothing. SACRAMENTO, Calif. — As I’ve written for ...

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

A $1 billion assessment announced Tuesday for California’s FAIR Plan, the state-run insurer of last resort, is expected to ...

California law requires employers to pay tipped employees at least the state’s minimum wage of $16.50 per hour, according to ...

The grocery industry has seen record profits in recent years, but that success has not trickled down to the very people who ...

Officials say that the $1 billion bailout is the largest in the history of the FAIR Plan, and will likely raise the future cost of home insurance in the state ...

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

What remains from the fires that broke out Jan. 7 is a charred landscape, filled with skeletal trees and blackened debris.

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 ...

The state’s insurance of last resort is charging a $1 billion special assessment to private insurance providers, a move ...