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California's insurer of last resort faces potential shortfalls
Posted
January 17, 2025
Views
6,234
Likes
42
Comments
13
Engagement
0.88%
January 17, 2025
6,234
42
13
0.88%
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3:31Now PlayingFAIR Plan, the California insurer of last resort, faces potential shortfalls as those who suffered losses in the wildfires file claims. Based on a September bulletin issued by the state's Insurance Commissioner, FAIR Plan policyholders may have to help pay for some of the losses beyond what the plan can cover. NBC News' Liz Kreutz reports.
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#wildfire #insurance #california
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