It didn't work out well... "FAIR Plan has about $300 billion in total exposure, meaning how much they actually insure, and about $200 million in the bank," -

It didn't work out well... "FAIR Plan has about $300 billion in total exposure, meaning how much they actually insure, and about $200 million in the bank," - March 2024 https://www.cbsnews.com/sanfrancisco/news/california-fair-plan-insurer-of-last-resort-warns-major-disaster-could-wipe-out-funds/ https://www.cbsnews.com/sanfrancisco/news/california-fair-pl...