California seeks $1 billion from insurers to shore up FAIR Plan after LA fires

Lara also directed those responsible for implementing the FAIR Plan - an insurance program designed to help property owners who cannot find private market coverage - to hire more staff and utilize all available funds, including reserves and reinsurance funds. Two fires on either side of Los Angeles burned an area nearly the size of Washington, D.C., from January 7 until they were fully contained, killing 29 people and damaging or destroying more than 16,000 structures, officials have said. "The FAIR Plan must pay claims just like any other insurance company," Lara said in a statement on Tuesday.