California could be a testing ground for a carrot-and-stick approach to preventing the collapse of insurance markets as ...

For homeowners with California's insurer of last resort, the price of being protected against fires can range anywhere from $92 a year to $32,000. The latest available data from the California FAIR ...

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 ...

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.

In the closing days of the legislative year, California lawmakers sent Gov. Gavin Newsom a bill that is meant to toughen scrutiny of the state’s embattled fire insurer of last resort by insisting that ...

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 ...

FAIR Plan now dominates coverage in some regions as insurers pull back. Ag groups say rural policies aren’t returning to the private market. Rising losses and pricing tensions complicate insurance ...

Altadena resident Seriina Covarrubias visits her house in Altadena on Feb. 28. Her garage was destroyed and her house survived but had smoke damage. (Myung J. Chun / Los Angeles Times) Despite a court ...