This year the insurance chief is working on legislation to expand FAIR Plan options while at the same time reducing its ...
Consumer advocates cite an ongoing crisis while industry representatives say recent regulatory changes are just taking effect ...
A recent investigation by CBS News found that since many private insurance companies in California have stopped issuing new policies, homeowners are being forced into the state’s insurance plan, the ...
A Los Angeles consumer group has sued Insurance Commissioner Ricardo Lara to block potential surcharges on home insurance policies statewide as a result of the heavy losses suffered by the California ...
Expected claims payments to Los Angeles County wildfire victims appear to have exceeded $900 million for the state's insurers of the last resort, allowing it to tap into "reinsurance" payments from ...
It recently came to my attention (by watching a televised CBS report) that the California FAIR Insurance Plan contains some hidden aspects that affect all homeowners — not just those covered under ...
See which LA neighborhoods on fire were most affected by the state's largest insurer's recent coverage rollback.
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 ...
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 ...
Thousands of Los Angeles County homeowners face a volatile home-insurance market. In recent months, State Farm — California's largest home insurer — dropped thousands of policyholders. Some have ...