California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.

The property and casualty (P&C) insurance sector is a pivotal part of the global financial landscape, providing essential ...

In the aftermath of the Los Angeles fires, the FAIR plan gets a $1 billion bailout — the latest indication that California’s ...

Allianz has reported a 10% increase in insurance fraud, with ghost brokers, 'crash for cash' scams and fake theft claims ...

For some time, people have accepted an unfortunate reality: insurance property claims take a long time to resolve. This experience has been even more apparent after catastrophic events as insurers ...

The recent California wildfires may be disappearing from the news cycle, but displaced homeowners are still recovering from the loss of much more than just a house.