More than 30 states have Fair Access to Insurance Requirements (FAIR) plans, which are state-run programs backed by private insurers that offer coverage for high-risk properties.

FAIR Plan, the California insurer of last resort, faces potential shortfalls as those who suffered losses in the wildfires file claims. Based on a September bulletin issued by the state's Insurance Commissioner ,

As climate change increases the frequency and severity of disasters, experts predict, insurance companies will stop offering coverage to vast swaths of the country.

The devastating wildfires burning in Southern California could have financial ramifications for residents across the state. California Insurance Commissioner Ricardo Lara Changes confirmed that recent policy changes would allow private companies to pass costs along to all customers in the state if they are asked to cover the costs in the