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 ...
The California FAIR Plan released new numbers showing enrollment continues to grow, adding 21,859 residential policies in the final three months of 2025. In contrast, six insurance companies that ...
California’s property insurer of last resort continued to grow in the final months of 2025, giving it more than twice as much ...
The California FAIR Plan, having recently come to market to sponsor its debut wildfire catastrophe bond and secured $750 ...
California's shifting insurance market has pushed many homeowners onto the Fair Plan. Carmen Balber, Executive Director of ...
The rate hikes are part of the California Department of Insurance's Sustainable Insurance Strategy, which aims to stabilize ...
Two of the five largest home insurers in California will each raise rates by an average of 6.9% later this year.
* The FAIR Plan Stabilization Act (AB 226): This law permits the FAIR plan, the state’s insurer of last resort, to access ...
New proposed legislation focuses on accelerating wildfire catastrophe claims payments, transparency of claims decisions, ...
One year after the deadly southern California Eaton and Palisades fires, many survivors report insurance claim problems.
As the insurance industry threatens to leave the state unless they get less regulation and higher rates, politicians make ...