California's Fair Plan, the state's insurer of last resort, may be unable to pay billions in claims arising from the Los ...

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

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

"You can bet that if the FAIR Plan goes bankrupt - and it's a good bet it will - the insurance companies will come after us ...

Consumer Watchdog, a non-profit group that has previously sounded alarms about FAIR's solvency, warned last year that ...

Newsweek asked experts on the insurance market if they expect insurers to survive the financial fallout of these fires.

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.

Changes to the way the insurance industry is regulated in California may mean all of the state's residents will be paying for ...

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

Statewide, the FAIR Plan reported a year-over-year increase of 49,823 residential policies in 2023, bringing the total to 324 ...

An insurance pool created by officials in California to help residents in wildfire-prone areas could frustrate victims of the ...