California's Fair Plan, the state's insurer of last resort, may be unable to pay billions in claims arising from the Los ...

The FAIR Plan’s potential exposure is over $4 billion for the Pacific Palisades Fire and more than $775 million for the Eaton ...

Insurance providers could charge policyholders a “supplemental fee” if the state’s insurer of last resort runs out of money.

"You can bet that if the FAIR Plan goes bankrupt - and it's a good bet it will - the insurance companies will come after us ...

The California Fair Plan (CFP) has confirmed its reinsurance programme attaches at $900mn, with a limit of $5.78bn and ...

An insurance pool created by officials in California to help residents in wildfire-prone areas could frustrate victims of the ...

Los Angeles wildfires highlight California's insurance crisis as the FAIR Plan faces challenges with limited funds to cover ...

The California FAIR Plan Assn., the state's property insurer of last resort, was born of smoldering ashes — not of a wildfire, but of one of the worst urban disturbances in U.S. history.

Statewide, the FAIR Plan reported a year-over-year increase of 49,823 residential policies in 2023, bringing the total to 324 ...

A recent moratorium now protects California policyholders from losing home insurance coverage for at least one year if their ...