New California law aims to stabilize homeowner insurance for people who can’t get private coverage

siliconvalley.com/2025/10/10/new-california-law-aims-to-stabilize-insurance-for-people-who-cant-get-private-coverage

By TRÂN NGUYỄN, Associated Press
SACRAMENTO — California Gov. Gavin Newsom signed a bipartisan bill Thursday that aims to prevent the state’s home insurer of last resort from running out of money following a natural disaster.
The FAIR Plan is an insurance pool that provides policies to…

This story appeared on siliconvalley.com, 2025-10-10 16:12:25.
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