the California insurance market is quite interesting. It's always on the brink. The California Earthquake Authority which provides earthquake insurance (via private insurance companies) has big warnings that if the disaster is large enough, everyone won't be made whole. When the money runs out, it runs out unless the state adds more into the pot. I think it's similar with the California FAIR Plan.
The fires in LA really stretched the FAIR plan. We'll see if it breaks.
Douglas
npub17s…wauzf
2025-10-31 16:02:37 UTC
in reply to nevent1q…mp3l
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wss://relay.momostr.pinkPublished at
2025-10-31 16:02:37 UTCEvent JSON
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