Insurance Commissioner Ricardo Lara unveils a plan to shore up the California insurance market for homeowners.

The actions of the nation’s biggest state could have implications for U.S. consumers, as more carriers leave disaster-prone states.

A growing number of Americans are finding it difficult to afford insurance on their homes, a problem only expected to worsen because insurers and lawmakers have underestimated the impact of climate change,

After a summer that saw many of California's top home insurers pull back from the state market, Insurance Commissioner Ricardo Lara announced Thursday that he struck a deal with the insurance industry to encourage new coverage in the state.

A new plan from California's insurance commissioner aims to keep the nation' stop insurers from leaving the wildfire-prone state

California wants to let insurers consider climate risk in pricing in exchange for insuring homes in wildfire-prone areas.