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 ...

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 ...

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

The California FAIR Plan, the insurer of last resort, received approval to assess member carriers $1 billion to help pay its ...

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

State regulators approved a $1 billion bailout of California's insurer of last resort so that it could continue paying claims.

California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out ...

A $1 billion assessment announced Tuesday for California’s FAIR Plan, the state-run insurer of last resort, is expected to ...

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