The charges stem from a mandated $1 billion bailout by insurance companies of the state’s last-resort insurance program, known as the FAIR Plan, after it ran out of money to cover roughly $4 billion ...
What began as an insurance crisis is rapidly becoming a credit and housing crisis that threatens the stability of the entire ...
My husband and I make the same amount of money, but in different fields. His job is 9 to 5 in an office. It has office ...
In recent years, hundreds of thousands of Californians have purchased home insurance from a state-managed "last resort" insurance pool that has grown rapidly as private insurance companies have fled ...
LOS ANGELES, Nov. 3, 2025 /PRNewswire/ -- A New York Times investigation has found Insurance Commissioner Lara's 2023 plan to deal with California's insurance crisis incentivized insurance companies ...