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

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

"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 ...

Insurance providers could charge policyholders a “supplemental fee” if the state’s insurer of last resort runs out of money.

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

Consumer Watchdog, a non-profit group that has previously sounded alarms about FAIR's solvency, warned last year that ...

"There's no question there's going to be a lot of people impacted by this fire and their insurance falls short," said Amy ...

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

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 ...

Changes to the way the insurance industry is regulated in California may mean all of the state's residents will be paying for ...