California’s Insurance System Faces Crucial Test as Wildfire Losses Mount
Published by The New York Times Science & Environment
The California FAIR Plan, the state’s insurer of last resort, had just $377 million available last week to pay claims that could reach billions, officials said.
Read the full article at: https://www.nytimes.com/2025/01/14/climate/californias-insurance-fair-plan-fires.html