Homeowner insurance rates in San Diego County could spike significantly, with some residents at risk of losing private coverage entirely.

California’s levy of US$1bil on private insurers to help pay out wildfire claims in its state-created safety-net programme ...

That’s the message I saw written in the ashes of Los Angeles. And by “we,” I mean every human on this planet, rich or poor, young or old, Black or white or brown. In L.A., an $83 million house with 18 ...

The climate crisis is affecting American households, causing higher utility bills, health care costs, and insurance premiums ...

Harvey Rosenfield, Consumer Watchdogs, talks about the California FAIR Plan’s $1 billion bailout and the plan to impose a ...

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.

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 ...

The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its own. The California Department of Insurance approved the FAIR Plan's ...

Officials say that the $1 billion bailout is the largest in the history of the FAIR Plan, and will likely raise the future cost of home insurance in the state ...

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.