California’s Escalating Insurance Crisis: The FAIR Plan’s Struggle and the Urgent Need for Reform
California is grappling with an escalating insurance crisis as a growing number of homeowners resort to the state’s Fair Access to Insurance Requirements Plan (FAIR Plan) following devastating wildfires such as the Palisades and Eaton blazes. The root of the issue traces back to the exit of private insurers from wildfire-prone areas, leaving homeowners dependent…