California FAIR Plan Exposure Doubles to $650 Billion — 35.8% Rate Hike Requested
California’s wildfire crisis just hit a new financial flashpoint, and it’s not happening in the forests — it’s happening in the insurance system. The California FAIR Plan, the state’s insurer of last resort, has seen its exposure explode to a staggering $650 billion, more than double what it carried just…
The Free Financial Advisor ·