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

State regulators approved a $1 billion bailout of California's insurer of last resort so that it could continue paying claims.

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

Bay Area homeowners likely will be on the hook for a share of a massive bailout of California's insurer of last resort after it ran out of money to pay claims arising from the devastating Los Angeles ...

The rising cost of fire insurance was a problem in California’s rural fire-prone areas. Then it was a problem for suburban and urban fire-prone areas. Now it’s a problem for everyone. Nearly all ...

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 ...

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 ...