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.

The stock had slumped 25% after the fires to around $50 as investors made the small-cap company into a focused bet on California’s ...

The decision was made to ensure the FAIR Plan can continue covering consumer claims following the southern California ...

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 ...

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

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 ...