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

The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...

It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.

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 ...

California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out ...

The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...

California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-run program has renewed ...

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 ...