Lawmakers call for expanding California FAIR insurance plan

(The Center Square) – California lawmakers called Wednesday for the state’s “insurer of last resort,” the California FAIR Plan, to evolve to insure more properties throughout the state. The remarks come after years of the number of FAIR Plan policyholders climbing because of many private insurance companies declining to renew existing policies or pulling out of doing business in the Golden State altogether. This has pushed more and more homeowners in the state to turn to the California FAIR Plan.