The California FAIR Plan, designed as a backstop for properties that private insurers deem too exposed to wildfire, saw ...

California could be a testing ground for a carrot-and-stick approach to preventing the collapse of insurance markets as ...

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 ...

(The Center Square) – California lawmakers called Wednesday for the state’s “insurer of last resort,” the California FAIR Plan, to evolve to insure more properties throughout the state. The remarks ...

A few big-name insurance companies have committed to writing more policies in parts of California that include high wildfire risk zones.

For homeowners with California's insurer of last resort, the price of being protected against fires can range anywhere from $92 a year to $32,000. The latest available data from the California FAIR ...

California’s backup home insurance provider hit another record number of policies before the end of last year, showing that it is still gaining users despite efforts to stem its rapid growth. The plan ...

A southern California legislator, with the backing of Insurance Commission Ricardo Lara, is looking to bring changes to the state’s backup home insurance provider. The bill, dubbed the “Make It FAIR ...

FAIR Plan now dominates coverage in some regions as insurers pull back. Ag groups say rural policies aren’t returning to the private market. Rising losses and pricing tensions complicate insurance ...

The state’s insurer of last resort is meant for high fire risk properties but homeowners in areas unlikely to burn are now ...