Gov. Wes Moore’s proposed tax increases on wealthy Marylanders don’t go far enough, according to a growing coalition of ...

The FAIR Plan’s potential exposure is over $4 billion for the Pacific Palisades Fire and more than $775 million for the Eaton ...

With non-renewals and coverage drops, many Californians are insured against fire through the California FAIR Plan. However, the plan is on rocky ground after the LA fires.

Insurance providers could charge policyholders a “supplemental fee” if the state’s insurer of last resort runs out of money.

The California Fair Plan (CFP) has confirmed its reinsurance programme attaches at $900mn, with a limit of $5.78bn and ...

California legislators are pursuing greater oversight of the California FAIR Plan Association, the state’s insurer of last ...

It was a grueling routine. For months after their home burned down in the 2021 Caldor Fire, Jennifer McKim-Hibbard and her husband would wake up and call the California FAIR Plan. They would navigate ...

The California FAIR Plan has an outsized share of the state’s riskiest policies because it is the insurer of last resort for home and building owners who can’t get coverage elsewhere.

Photo-illustration by Newsweek/Getty Like many other Golden State homeowners, got a policy with the California FAIR Plan, an insurer of last resort which offers fire insurance to those who can't ...

“If they can’t find anything there, the fallback remains the FAIR plan.” The California FAIR plan is a business cooperative that extends basic fire insurance coverage to residents who can ...