The California FAIR Plan has proposed raising home insurance rates by an average of 35.8% starting next spring - a hike that, if approved in full, would be its largest in at least seven years.

The request is just the first step in a department review process, and the rate hike that is ultimately approved could be lower.

In the closing days of the legislative year, California lawmakers sent Gov. Gavin Newsom a bill that is meant to toughen scrutiny of the state’s embattled fire insurer of last resort by insisting that ...

The kinds of climate-fueled firestorms like we saw in January will only continue to worsen over time,” the governor said.

The FAIR Plan, California’s last-resort insurance program for homeowners needing fire coverage, is seeking approval for steep rate hikes averaging 35.8%, though some policyholders could actually see ...