CNBC's Contessa Brewer joins 'Power Lunch' to report on California’s FAIR Plan that provides insurance to homeowners who ...

California’s insurance commissioner approved a plan Tuesday, Feb. 11, to keep the state’s insurance of last resort solvent by ...

Bay Area homeowners will likely be on the hook for helping bail out California’s insurer of last resort to the tune of $1 ...

In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...

California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...

California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.

California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out ...

California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-run program has renewed ...

Insurers are not required to recover participation fees, according to the draft regulations. However, those choosing to do so ...

The FAIR Plan will impose a special charge on insurers and homeowners to cover $1 billion in L.A. wildfire costs.