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California’s FAIR Plan Gets $1 Billion Bailout After L.A. Fires
11 February 2025 at 20:56
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.
Destruction left behind by the Eaton fire in Altadena, Calif., last month.
© Philip Cheung for The New York Times
