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California's FAIR Plan Files for Largest Rate Hike in Seven Years
The proposed 35.8% hike follows $4 billion in wildfire losses and affects policyholders unevenly, with some facing increases over 300% while others may see rate decreases.
Summary by insurancebusinessmag.com
4 Articles
4 Articles
Los Angeles Times+2 Reposted by 2 other sources
California's home insurer of last resort seeks 36% rate hike following January fires
The California FAIR Plan Association, which covers homeowners denied insurance, is seeking a 35.8% rate increase, though some policyholders could pay more or less depending on fire risk.
·Los Angeles, United States
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Total News Sources4
Leaning Left2Leaning Right0Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
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