California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.
California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-created safety net program ...
The FAIR Plan will impose a special charge on insurers and homeowners to cover $1 billion in L.A. wildfire costs.
Virtually every homeowner in California may have to dip into their pockets to help cover the cost of January's Los Angeles wildfires, after the state's insurance regulator approved an industry-wide ...
Travelers Cos. said it expects about $1.7 billion of pretax losses from the wildfires that devastated Los Angeles last month.