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

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

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

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

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

The California insurance crisis laid bare by the Los Angeles fires was fueled by "regulatory failure," economist Nancy ...

California’s largest private insurer dropped policies in high-risk areas, leaving homes financially unprotected from last ...

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

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 ...

The California program was created to protect urban neighborhoods. Now it’s become an incentive to build in fire-prone areas.

State Insurance Commissioner Ricardo Lara leaves an Assembly Committee on Insurance hearing on Tuesday, Sept. 17, 2024 at Los Angeles City Hall. (Photo by Sarah Reingewirtz, Los Angeles Daily ...