California’s FAIR Plan Gets $1 Billion Bailout After L.A. Fires

The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying a home insurance crisis. Global Warming, Greenhouse Gas Emissions, Wildfires, Homeowners Insurance, Southern California Wildfires (Jan 2025), Insurance, Regulation and Deregulation of Industry, FAIR Plan The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying a home insurance crisis. NYT > Business

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