This year the insurance chief is working on legislation to expand FAIR Plan options while at the same time reducing its ...
California residents may see their home insurance costs increase after the state approved rate increases for two major ...
Consumer advocates cite an ongoing crisis while industry representatives say recent regulatory changes are just taking effect ...
More than a dozen candidates have filed statements of intention to run for California insurance commissioner in the November ...
Representatives of both insurers and policyholders point out issues with market forces and challenges to addressing coverage ...
California's shifting insurance market has pushed many homeowners onto the Fair Plan. Carmen Balber, Executive Director of ...
The California FAIR Plan released new numbers showing enrollment continues to grow, adding 21,859 residential policies in the final three months of 2025. In contrast, six insurance companies that ...
California’s property insurer of last resort continued to grow in the final months of 2025, giving it more than twice as much ...
The rate hikes are part of the California Department of Insurance's Sustainable Insurance Strategy, which aims to stabilize ...
* The FAIR Plan Stabilization Act (AB 226): This law permits the FAIR plan, the state’s insurer of last resort, to access ...
The California FAIR Plan, having recently come to market to sponsor its debut wildfire catastrophe bond and secured $750 million of reinsurance from the ...
New proposed legislation focuses on accelerating wildfire catastrophe claims payments, transparency of claims decisions, ...