The state’s insurer of last resort is meant for high fire risk properties but homeowners in areas unlikely to burn are now being forced into the plan.

Californians are beginning to pick up the pieces after devastating wildfires of historic proportions. The Camp Fire became the deadliest in the state's history, more than twice as fatal than any other ...

Earlier this year, the California FAIR Plan limit was raised to $100 M for certain commercial risks amid escalating wildfire losses, a move framed as a way to better match coverage thresholds for ...

Add Yahoo as a preferred source to see more of our stories on Google. Smoke from the York Fire partially obscured hotels on the Las Vegas Strip in July of 2023. The 77,000-acre wildfire crossed into ...

Add Yahoo as a preferred source to see more of our stories on Google. The Pacific Palisades community in Los Angeles is seen in February 2005, less than a month after a deadly wildfire burned through.

Wildfire seasons are now long enough, and destructive enough, that your home’s insurability has become a core part of your mortgage risk, not a side detail. If your coverage lapses, shrinks, or falls ...

California’s homeowners insurance market remains strained as regulators, insurers, and homeowners navigate higher risk, tighter underwriting, and ongoing affordability challenges recovering from last ...

A year after the Los Angeles wildfires, many survivors face the same problem: Their insurance policies aren’t paying out enough to cover the cost of rebuilding. It’s a tragic predicament. And it will ...