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 ...

Amidst our evolving climate realities, many Americans are feeling the financial pinch of the climate crisis in insurance ...

A California appeals court ruling that could doom insurance coverage for smoke damage claims is in line for strong pushback ...

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

The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...

California’s FAIR Plan is receiving a $1 billion bailout after running out of funds to cover wildfire claims, highlighting ...

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

The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...

Bay Area homeowners will likely be on the hook for helping bail out California's insurer of last resort to the tune of $1 billion after it ran out of money to pay claims from the devastating Los ...

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

Fueled by powerful winds and rare dry conditions, a series of wildfires erupted on January 7 and swept through the Los ...

Allstate has improved its cost structure and underwriting, but I remain skeptical about its growth prospects, especially in ...