The state’s insurer of last resort is meant for high fire risk properties but homeowners in areas unlikely to burn are now ...
The California FAIR Plan, designed as a backstop for properties that private insurers deem too exposed to wildfire, saw ...
This is read by an automated voice. Please report any issues or inconsistencies here. Insurance Commissioner Lara’s 2023 regulatory overhaul promised to ease California’s insurance crisis but instead ...
California’s homeowners insurance market remains strained as regulators, insurers, and homeowners navigate higher risk, tighter underwriting, and ongoing affordability challenges recovering from last ...
The recent rains may have lowered the threat of wildfire in the area, but the problem of maintaining fire insurance is a year-round problem for many in California. As a result, a number of new laws ...
Mount Shasta resident Donna Ault and her family are among the nearly 11% of Siskiyou County households on the California FAIR Plan — a fire-only insurance policy no homeowner wants to turn to. Living ...
Hedge funds speculating on wildfire insurance claims in California were just dealt a legal blow, after the state adopted new legislation designed to stifle such bets. Under the law, approved last ...