California could be a testing ground for a carrot-and-stick approach to preventing the collapse of insurance markets as ...

The FAIR Plan, California’s last-resort insurance program for homeowners needing fire coverage, is seeking approval for steep rate hikes averaging 35.8%, though some policyholders could actually see ...

The California FAIR Plan, designed as a backstop for properties that private insurers deem too exposed to wildfire, saw ...

In recent years, hundreds of thousands of Californians have purchased home insurance from a state-managed "last resort" insurance pool that has grown rapidly as private insurance companies have fled ...

A few weeks after California Insurance Commissioner Ricardo Lara rattled consumer groups with a proposed overhaul to the insurance-rate review process, the embattled state executive ended up at his ...

New legislation filed Monday would require the California FAIR Plan to provide insurance for more than just fires - a potential major shift for the state's insurer of last resort. Over the course of ...

That's the scenario lawmakers tried to get ahead of when they created the FAIR Plan, a state-backed insurance option of last resort for homeowners rejected by traditional carriers. "I don't think ...

(The Center Square) – California lawmakers called Wednesday for the state’s “insurer of last resort,” the California FAIR Plan, to evolve to insure more properties throughout the state. The remarks ...