The California FAIR Plan proposes a 35.8% average premium increase, with hikes up to 50.9% in fire-prone areas, impacting Santa Cruz County homeowners. Insurance professionals should monitor regulatory review and market implications.

A new California ballot initiative proposes requiring insurers to cover fireproofed homes or face penalties, amid ongoing wildfire insurance market challenges and regulatory debates.

The California FAIR Plan's rapid growth in 2025 reflects continuing wildfire insurance challenges. New reforms aim to expand private insurer participation despite higher premiums.

California FAIR Plan seeks to surcharge homeowners statewide to recover $1 billion in wildfire claims from 2024 Los Angeles fires. Regulatory approval pending, with legal challenges ongoing.