Calif.'s Insurance Safety Net Gets $1B Infusion For Fire Claims

By Hailey Konnath ( February 11, 2025, 11:29 PM EST) -- California Insurance Commissioner Ricardo Lara has signed off on $1 billion in additional funding for California's FAIR Plan, the state's insurer of last resort, to ensure the plan can keep paying consumer claims to survivors of the Southern California wildfires, according to an order issued Tuesday....

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