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

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

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

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

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

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

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

The California Department of Insurance said Tuesday they will allow the FAIR Plan, designed for Californians who can’t get coverage on the private market, to collect $1 billion from insurers ...

YEAH, THAT’ California’s plan that provides insurance ... the state Insurance Department said Tuesday. The FAIR Plan is an insurance pool that all the major private insurers pay into, and ...

This is likely to drive up insurance costs for homeowners across the state as private insurers try to plug the financial hole in the FAIR Plan with the assessments. Also see: Why all California ...

In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested approval for $1 billion from the California insurance commissioner ...