Comment by cmcconomy

thanks - I was wrong about the plan being new.

However as of this year it's got ~$600B of exposure and $400MM in funds. at 3MM/residence that's 133 homes before they're bust, right?

see:

https://ains.assembly.ca.gov/system/files/2025-05/assembly-f...

https://calmatters.org/economy/2025/02/homeowners-insurance-...