CNBC's Contessa Brewer joins 'Power Lunch' to report on California’s FAIR Plan that provides insurance to homeowners who ...

California’s insurance commissioner approved a plan Tuesday, Feb. 11, to keep the state’s insurance of last resort solvent by ...

California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...

Bay Area homeowners will likely be on the hook for helping bail out California’s insurer of last resort to the tune of $1 ...

In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...

Insurers are not required to recover participation fees, according to the draft regulations. However, those choosing to do so ...

California Insurance Commissioner Ricardo Lara has approved the California Fair Plan’s request to levy a $1bn assessment on ...

The California FAIR Plan Association, a consortium of all insurers licensed to provide property insurance in the state, has ...

California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires, the ...

Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...