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

"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 ...

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

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. The FAIR Plan, California's state-created but ...

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

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

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.

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

Los Angeles wildfires highlight California's insurance crisis as the FAIR Plan faces challenges with limited funds to cover ...

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