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

"We are one event away from a large assessment," Victoria Roach, president of the FAIR Plan, told the California state legislature last year. "There’s no other way to say it, because we don’t ...

The Los Angeles wildfires could threaten California’s already unstable insurance market, which carriers have been fleeing as disasters multiply.

The California wildfires could drive up premiums and prompt a new wave of private insurers dropping policies or declining to ...

"Let's take the FAIR Plan president (Victoria Roach) at her word. She said that FAIR Plan can handle their exposure," says Bach. Still, Stanford professor, Dr. Michael Wara says much of the ...

Last March, FAIR Plan President Victoria Roach told lawmakers the provider only had $700 million in cash on hand. Should it run out of money, state law gives the FAIR Plan the ability to pass the hat ...

Last March, FAIR Plan President Victoria Roach told lawmakers the provider only had $700 million in cash on hand. Should it run out of money, state law gives the FAIR Plan the ability to pass the ...