business / markets
1 day ago

California's insurer for people without private coverage needs $1 billion more for LA fires claims

https://abc7.com/post/californias-insurer-people-private-coverage-needs-1-billion-more-la-fires-claims/15895227/https://www.cnn.com/2025/02/12/business/california-fair-plan-insurance-funding/index.htmlhttps://www.cnbc.com/2025/02/11/californias-insurer-for-people-without-private-coverage-needs-1-billion-more-for-la-fires-claims.html
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References

California’s insurer for people without private coverage needs $1 billion more for LA fires claims | CNN Business

https://www.cnn.com/2025/02/12/business/california-fair-plan-insurance-funding/index.htmlCnn.com
California’s insurer for people without private coverage needs $1 billion more for LA fires claims | CNN Business

California’s insurer for people without private coverage needs $1 billion more for LA fires claims

https://www.cnbc.com/2025/02/11/californias-insurer-for-people-without-private-coverage-needs-1-billion-more-for-la-fires-claims.htmlCnbc.com
California’s insurer for people without private coverage needs $1 billion more for LA fires claims

California's last-resort home insurer is getting a $1 billion bailout. Homeowners could be on the hook for some of the bill.

https://www.businessinsider.com/homeowners-insurance-premiums-fair-plan-bailout-cost-of-la-fires-2025-2?utm_medium=social&utm_source=facebook&utm_campaign=insider-sfBusinessinsider.com
California's last-resort home insurer is getting a $1 billion bailout. Homeowners could be on the hook for some of the bill.

FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half

https://www.latimes.com/business/story/2025-02-11/fair-plan-to-assess-insurers-1-billion-for-l-a-fires-with-consumers-on-hook-for-nearly-halfLatimes.com
FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half

California insurance plan asks private insurers for $1bn after wildfires

https://www.theguardian.com/us-news/2025/feb/12/california-home-insurance-wildfiresTheguardian.com
California insurance plan asks private insurers for $1bn after wildfires

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