FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half
- Posted on February 11, 2025
- By Yahoo News
- 1 Views
FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half
The California FAIR Plan, the state's insurer of last resort, has received approval to assess its member carriers $1 billion to help pay its L.A. fire losses -- with consumers possibly on hook for nearly half under new state policy.
