Colorado lawmakers rejected a bill to create a wildfire reinsurance program intended to stabilize the property insurance market amid rising wildfire risks and insurance costs. The proposal failed due to concerns over new fees on homeowners.

Class action lawsuits in California target major insurers over alleged conspiracy limiting homeowners coverage, spotlighting FAIR Plan reliance and regulatory responses.

Farmers Insurance cancels 200 home policies in Oregon due to rising wildfire risks, causing premium hikes and coverage challenges amid a volatile insurance market.