California’s FAIR Plan Gets $1 Billion Bailout After L.A. Fires

The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying a home insurance crisis. https://static01.nyt.com/images/2025/02/11/multimedia/11CLI-CALI-INSURANCE-zlpm/11CLI-CALI-INSURANCE-zlpm-mediumSquareAt3X.jpg