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

The California FAIR Plan on Tuesday was allowed to seek $1 billion from insurance companies that do business in the state in response to the Los Angeles wildfires — half of which could ultimately be ...

The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...

It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.

After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...

Price controls will suffocate a much more robust housing recovery in the Los Angeles area. What’s sad is that it was all so ...

The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...

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

California will collect $1 billion in special fees from insurance companies to make sure it can pay out Los Angeles fire claims filed with the Fair Plan, California's insurer of last resort, the state ...

The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...