2 charts show how LA's homeowners are caught in a messy insurance market as wildfires hit the area
Briefly

In recent months, California's largest home insurer, State Farm, canceled coverage for thousands of policyholders in LA County, driven by concerns over wildfires and escalating costs.
As private insurers continue to withdraw, the FAIR plan has seen a significant increase in policyholders, jumping 123% between September 2020 and September 2024.
Read at Business Insider
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