A recent rule change could cause a spike in insurance premium for homeowners across California, as the costs of the Los Angeles area wildfires are passed onto them in a way that was not allowed in the past.

California's Fair Plan, the state's insurer of last resort, may be unable to pay billions in claims arising from the Los Angeles fires and may require a bailout that could ultimately be paid by homeowners statewide.

"Californians deserve a reliable insurance market that doesn't retreat from communities most vulnerable to wildfires and climate change." California issues new mandate that will have a major impact on homeowners' insurance: 'This is a historic moment' first appeared on The Cool Down.

World No. 4 Collin Morikawa as well as Nicolai Hojgaard Tyler McCumber withdrew from the Farmers Insurance Open on Sunday.

The PGA Tour announced three golfers in all were withdrawing from the event at Torrey Pines: Nicolai Hojgaard is out and Hayden Springer is in, and Tyler McCumber is out, giving a