Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...
California’s insurer of last resort reported that claims now are high enough to trigger “reinsurance” payments from back-up ...
That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
Even next-door neighbors face starkly contrasting fortunes and unequal recovery, as nation's home insurance crisis grows.
The California program was created to protect urban neighborhoods. Now it’s become an incentive to build in fire-prone areas.
The nation’s growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding ...
The California insurance crisis laid bare by the Los Angeles fires was fueled by "regulatory failure," economist Nancy ...