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4min chapter
A Wildfire Disaster and an Insurance Crisis Collide in Los Angeles
Big Take
Insurance Crisis in Los Angeles
This chapter explores the impact of private insurers withdrawing coverage in Los Angeles, leading homeowners to rely heavily on the state's Fair Plan. It highlights the risks faced by the Fair Plan, alarming statistics regarding insurance reductions, and ongoing challenges within California's insurance landscape amid recent reforms and natural disaster concerns.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode