The FAIR Plan is an association comprised of all insurers authorized to transact basic property insurance in California. "THEN that entity passes on losses to

The FAIR Plan is an association comprised of all insurers authorized to transact basic property insurance in California. "THEN that entity passes on losses to insurance companies who refused to insure that risk to start with!" Incorrect, some of them are refusing to offer new coverage. They still have existing contracts. "Why would any company what to be in that space?" The FAIR Plan has higher premiums and the risk is divided by all insurers operating in California. Now, when a insurance companies completely bows out of California. That will be big news.