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California's FAIR Plan seeks an extra $1 billion to cover claims from Los Angeles wildfires.
California's state insurance program for homeowners without private coverage needs an extra $1 billion to handle claims from recent Los Angeles wildfires.
The program, known as the FAIR Plan, helps those who can't get insurance through private companies.
The funding is needed due to the extensive damage caused by the wildfires, highlighting the financial strain on the state's insurance system.
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El Plan FAIR de California busca un extra de $1 mil millones para cubrir reclamaciones de incendios forestales de Los Ángeles.