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#fairplan — Public Fediverse posts

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  1. The Guardian: California insurance plan asks private insurers for $1bn after wildfires

    "...California’s home-insurance safety net does not have enough money to pay all of the claims from damage caused by the Los Angeles wildfires and has asked private insurers to contribute $1bn toward those claims...."

    theguardian.com/us-news/2025/f

    #EatonFire #PalisadesFire #insurance #FAIRplan #wildfires

  2. This is another one of my stories that affects all Californians, even those who may have never heard of the California FAIR Plan. Insurance costs are rising everywhere, but a combination of factors has put California insurance customers in some terrible financial positions — and some say they are leaving or may leave the state because of it.

    calmatters.org/economy/2024/01

    #insurance #fairplan #economy