According to the California Earthquake Authority, there are more than 1.2 million homes built before 1980 that are in high-hazard areas, vulnerable to collapse or destruction by a strong earthquake.
In the aftermath of the Los Angeles fires, the FAIR plan gets a $1 billion bailout — the latest indication that California’s home insurance market is on shaky footing.
A new storm recovery program is trying to help homeowners build back stronger after Hurricanes Helene and Milton.
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