California FAIR Plan exposure growth slows Q1, now up 25% YoY

California’s troubled wildfire insurer of last resort, the California FAIR Plan, added 15,779 policies to its rolls in the first quarter of 2026, a 2.4% gain, enough to increase its total exposure by $27 billion or 3.7% during the quarter, updated data from the carrier indicated.

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California FAIR Plan exposure growth slows Q1, now up 25% YoY

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