The Los Angeles wildfires just forced California’s last-resort insurer to do something it hasn’t needed to do in over three decades

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The FAIR plan says it’s expecting a loss of roughly $4 billion from the Eaton and Palisades Fires, which destroyed nearly 17,000 structures. Read More
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https://fortune.com/2025/02/12/californias-last-resort-insurer-needs-1-billion-pay-la-fire-claims/


Trân Nguyễn, The Associated Press