California wildfires could deplete the Fair Plan – what does that mean?

Sources say the Fair Plan is under-reserved, leading to the possibility of member assessment.

By Clark Mindock

January 15, 2025

Palisades Fire aftermath. Clean-ups and infrastructure repair begin. Residents are still not allowed in, and the National Guard is in place to thwart looters and sightseers. The residential area of the Palisades ravaged by fire. 1/14/2025 Pacfic Palisades

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Topics

News Catastrophe losses Personal lines California