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 ...

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

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 ...

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

California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires, the ...

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

Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...

The California FAIR Plan Association, a consortium of all insurers licensed to provide property insurance in the state, has ...