Despite a court loss and sanctioning by state regulators, California’s home insurer of last resort continues to deny smoke damage claims from the January wildfires — even when toxic substances have ...
A year after CBS News California Investigates exposed concerning secrecy within the California FAIR Plan, state Insurance Commissioner Ricardo Lara is making good on his promise to change state law.
California's FAIR Plan is seeking a 35.8% insurance rate hike due to significant wildfire losses. If approved, the increase would take effect in April 2026, with discounts available for wildfire ...
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 ...
California Gov. Gavin Newsom signed a bipartisan bill Thursday that aims to prevent the state's home insurer of last resort from running out of money following a natural disaster.The FAIR Plan is an ...
The night the Palisades Fire swept over the ridgeline, residents felt the heat before they saw the flames. Within minutes, entire neighborhoods vanished, and by morning, thousands of homes were lost.
WE BEGIN WITH BREAKING NEWS. THAT BREAKING NEWS. POTENTIAL RELIEF TO THE STATE’S INSURANCE CRISIS. GOVERNOR GAVIN NEWSOM SAYS SOME OF THE INSURERS WHO LEFT OR LIMITED COVERAGE IN THE STATE OVER RISING ...
Add Yahoo as a preferred source to see more of our stories on Google. A year after CBS News California Investigates exposed concerning secrecy within the California FAIR Plan, state Insurance ...
Add Yahoo as a preferred source to see more of our stories on Google. Altadena resident Seriina Covarrubias visits her house in Altadena on Feb. 28. Her garage was destroyed and her house survived but ...