California homeowners will pay part of FAIR Plan’s $1 billion assessment
California’s insurance commissioner approved a plan Tuesday, Feb. 11, to keep the state’s insurance of last resort solvent by ...
California’s backup insurance provider seeks $1B after wildfires. Policyholders could pay half
The California FAIR Plan on Tuesday was allowed to seek $1 billion from insurance companies that do business in the state in response to the Los Angeles wildfires — half of which could ultimately be ...
California's last-resort home insurer is getting a $1 billion bailout. Homeowners could be on the hook for some of the bill.
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...
Here’s how fires and floods are intensifying the US housing crisis
The wildfires levied significant long-term damage, with thousands of homes destroyed, billions in damages and a worsening of ...
Santa Rosa Press Democrat12h
California homeowners to face new fees to keep fallback insurance plan solvent
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...
Environmental Tests Reveal Battery Metals Around Vistra Moss Landing Battery Facility After Fire
A Hunterbrook analysis of the testing data shows that samples taken within 20 miles of Vistra's Moss Landing facility on average have nickel and cobalt concentrations that are about 34 times higher ...
Turlock Journal14h
State to revisit ban on driverless tractors
In August, Cal/OSHA issued a memorandum clarifying that driverless tractors and other agricultural vehicles may be used when ...
RealClearMarkets14h
California Is a Reminder That Corrupted Prices Never Sound Good 'In Theory'
Price controls will suffocate a much more robust housing recovery in the Los Angeles area. What’s sad is that it was all so ...
Los Angeles Magazine15h
State Farm Seeks 22% Rate Hike for California Homeowners
State Farm is requesting a 22% rate increase for California homeowners, citing $1 billion in recent claims and mounting ...
California FAIR Plan is running out of money; nearly all homeowners to help bail it out
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
To Help Pay For LA Fires, California Will Collect $1 Billion From Insurers
California will collect $1 billion in special fees from insurance companies to make sure it can pay out Los Angeles fire claims filed with the Fair Plan, California's insurer of last resort, the state ...