The nation’s growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding ...

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

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

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

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

The nation’s growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding ...

Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...

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 ...

And his true home insurance cost was actually much higher because he also had to buy “wrap-around insurance” for issues the FAIR Plan doesn’t cover, such as burst pipes or falling objects ...

That’s the multibillion-dollar question. The FAIR Plan is an option for homeowners who are unable to obtain insurance from any private insurance company. The program was created by the state ...