California bails out FAIR Plan with $1 billion assessment in wake of LA fires
In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...
California homeowners will pay temporary fees to help pay for wildfire insurance claims
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...
California’s backup insurance provider seeks $1B after wildfires. Policyholders could pay half
The California FAIR Plan on Tuesday was allowed to seek $1 billion from insurance companies that do business in the state in ...
California seeks $1 billion from insurers to shore up FAIR Plan after LA fires
California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...
California Insurance Commissioner calls on insurance companies to bail out FAIR Plan
As California grapples with a home insurance crisis, Insurance Commissioner Ricardo Lara is taking action he says will save ...
California FAIR Plan's $1 billion bailout after L.A. fires
CNBC's Contessa Brewer joins 'Power Lunch' to report on California’s FAIR Plan that provides insurance to homeowners who ...
California FAIR Plan is running out of money; nearly all homeowners to help bail it out
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
California Insurers Can Pass Half of $1B FAIR Plan Rescue Cost to Policyholders | Insurify
California’s insurer of last resort for fire insurance says it needs $1 billion to ensure it can continue paying claims in ...
Bay Area homeowners likely to pay for California FAIR Plan insurance bailout
Bay Area homeowners likely will be on the hook for a share of a massive bailout of California’s insurer of last resort after ...
L.A. wildfires up the pressure on California’s insurance commissioner over industry ties
The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...
FAIR Plan bailout deepens housing strains
California’s housing market is already one of the most expensive in the country. A San Francisco condo can cost as much as a ...
Associated Press4d
Strong storytelling highlights the real stakes of California’s insurance crisis
AP reporters Sally Ho and Tran Nguyen uncovered how California’s wildfire crisis is deepening inequality in the state’s ...