Opinion Editorial by Assemblyman David Tangipa – “Recently, the California Fair Access to Insurance Requirements (FAIR) Plan, the state’s insurer of last resort, requested a staggering $1 billion assessment. The reason? The FAIR Plan has exhausted its cash reserves covering billions of dollars in claims from just two fires — the Palisades and Eaton Fires. But this isn’t just a financial burden for insurance companies, it’s a cost that will trickle down to every homeowner in California.”
