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

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

A new commentary from AM Best noted that California policyholders increasingly turned to the state’s insurer of last resort ...

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

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

In a statement released Thursday, Jan. 30, the California FAIR Plan reported receiving more than 4,400 claims from victims of the Palisades and Eaton fires in the past three weeks. “The FAIR ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The fires that devastated Pacific Palisades and Altadena, California have been a nightmare for ...

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 ...