The California FAIR Plan was created in 1968 so I’m not sure where you’re getting your information.
It was entirely self funded by premiums until the Eaton and Palisade fires and unlike the NFIP, still hasn’t been bailed out by the federal government.
It was entirely self funded by premiums until the Eaton and Palisade fires and unlike the NFIP, still hasn’t been bailed out by the federal government.