CNBC's Contessa Brewer joins 'Power Lunch' to report on California’s FAIR Plan that provides insurance to homeowners who ...

California’s insurance commissioner approved a plan Tuesday, Feb. 11, to keep the state’s insurance of last resort solvent by ...

In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...

California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...

Bay Area homeowners will likely be on the hook for helping bail out California’s insurer of last resort to the tune of $1 ...

California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.

The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...

California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-run program has renewed ...

The department says it’s the first time the Fair Plan has sought approval for additional money in more than 30 years.

Insurers are not required to recover participation fees, according to the draft regulations. However, those choosing to do so ...

California Insurance Commissioner Ricardo Lara has approved the California Fair Plan’s request to levy a $1bn assessment on ...