California homeowners face surcharges averaging $50 to help insurers recoup costs from January’s devastating Los Angeles County wildfires.

State Farm and other major insurers received approval to charge customers for portions of a $1 billion FAIR Plan assessment.

Consumer Watchdog sued Insurance Commissioner Ricardo Lara, calling the surcharges an illegal bailout of the insurance industry.

Residential policyholders across California could be paying several hundred million dollars to help cover the costs of claims arising out of the January firestorms in Los Angeles County.

Multiple insurers, including State Farm General, the largest in California, have received approval from the Department of Insurance to charge their customers for a portion of a $1-billion assessment they were hit wit

See Full Page