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

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

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

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

California should apply the same urgency of its response to wildfires to creating a resilient and affordable housing market.

One of the busiest airports in the United States, San Francisco International Airport (SFO) is also an important gateway for ...

The California FAIR Plan on Tuesday was allowed to seek $1 billion from insurance companies that do business in the state in response to the Los Angeles wildfires — half of which could ultimately be ...

California's Fair Plan, the state's insurer of last resort, may be unable to pay billions in claims arising from the Los Angeles fires and may require a bailout that could ultimately be paid by ...

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

Bay Area homeowners will likely be on the hook for helping bail out California's insurer of last resort to the tune of $1 billion after it ran out of money to pay claims from the devastating Los ...

California’s FAIR Plan is receiving a $1 billion bailout after running out of funds to cover wildfire claims, highlighting ...