California’s housing market is already one of the most expensive in the country. A San Francisco condo can cost as much as a ...

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

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

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 ...

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

California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...

The $1 billion in additional funding for the state's FAIR Plan will ensure consumer claims are paid after the devastating wildfires in Southern California, Lara said. Members of the FAIR Plan ...

The California Department of Insurance said Tuesday they will allow the FAIR Plan, designed for Californians who can’t get coverage on the private market, to collect $1 billion from insurers ...

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