In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...

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

CNBC's Contessa Brewer joins 'Power Lunch' to report on California’s FAIR Plan that provides insurance to homeowners who ...

California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...

As California grapples with a home insurance crisis, Insurance Commissioner Ricardo Lara is taking action he says will save ...

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

Bay Area homeowners likely will be on the hook for a share of a massive bailout of California’s insurer of last resort after ...

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

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

California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-created safety net program ...

It’s the first time ever such a surcharge, which Floridians already know as a “hurricane tax,” will hit Californians, and ...

The department says it’s the first time the Fair Plan has sought approval for additional money in more than 30 years.