Legal experts weigh in on the state's new reform plan, which could redefine obligations for the state’s backstop insurer ...
A year after CBS News California Investigates exposed secrecy inside the California FAIR Plan, the insurance commissioner is ...
A new California bill, the Make It FAIR Act, would require the California FAIR Plan — the state’s insurer of last resort — to ...
The California FAIR Plan Association has returned to the catastrophe bond market for its second sponsorship, seeking $200 ...
The proposed bill would require the hiring of more staff to manage claims and make the insurer issue more comprehensive ...
California residents may see their home insurance costs increase after the state approved rate increases for two major insurance companies.
California lawmakers called Wednesday for the state’s “insurer of last resort,” the California FAIR Plan, to evolve to insure ...
Sen. Adam Schiff and 15 members of California's congressional delegation sent a letter Monday to major insurers demanding to know why they are subjecting L.A. wildfire survivors to claims reviews ...
The last-resort fire insurance provider has seen a more than 146% increase in policies since September 2022.
Homeowners across California will soon see a new charge on their monthly insurance bills to help pay claims arising from this year’s devastating Los Angeles wildfires. Most of the temporary fees ...
A California appeals court has limited the authority of Insurance Commissioner Ricardo Lara to administratively expand the basic coverage provided by the state’s property insurer of last resort, the ...
A year after CBS News California Investigates exposed secrecy inside the California FAIR Plan, Insurance Commissioner Ricardo Lara is backing legislation that would open meetings and financial records ...