“Too many people are going to the FAIR Plan. Nobody should want to be in the FAIR Plan; it’s meant to be a temporary market of last resort. It’s an unvirtuous cycle. Under the law, any deficiency that the FAIR Plan has, and the amount of money it has to pay claims, it just turns around to the admitted insurance companies. That has huge cascading impacts on the entire insurance industry.”
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Siyamak Khorrami
Author
Siyamak Khorrami has been the general manager and chief editor of the Southern California edition of The Epoch Times since 2017. He is also the host of the “California Insider” show, which showcases leaders and professionals across the state with inside information about trending topics and critical issues in California.
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