CA Fair Plan’s assumed exposure soars 61% in fiscal year 2024 to $458bn

Published: Tue 3 Dec 2024

The struggles in California’s beleaguered property insurance market have been laid bare by new figures from the Golden State’s Fair Plan, which show that its assumed exposure soared by 61.3 percent in the 12 months to 30 September 2024 to $458.1bn.