The California Fair Plan (CFP) has already paid out more than $700mn for damages related to this year’s Los Angeles wildfires ...

Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...

That's enough to kick the plan's strained finances further into crisis mode, increasing the chances that homeowners statewide ...

This alert begins our series discussing legal issues related to the Southern California wildfires. We will continue to provide updates as ...

AM Best, a credit rating agency specialising in the insurance sector, reports that the recent surge of wildfires across Southern California has deepened ...

Allstate insurance said it expects a $1.1 billion loss from claims caused by the wildfires that swept through Southern ...

For decades, California's byzantine insurance regulations effectively forced insurers to subsidize people living in ...

Among the insurance companies would be those under California's FAIR Plan, the state insurance option for those who can't get private insurance and are considered by some as a last resort. Wiener said ...

Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other in ...

California’s insurer of last resort reported that claims now are high enough to trigger “re-insurance” payments from back-up ...

Hamlin’s home was privately covered by Mercury Insurance, but Wilson was forced onto the California Fair Access to Insurance Requirements Plan — the state’s bare-bones insurance program ...

More than 4,400 fire-affected homeowners in Los Angeles County have filed insurance claims with the state’s insurer of last resort — the California FAIR Plan. That’s enough to kick the plan ...