Birdwatch Note Rating
2025-01-09 19:45:44 UTC - HELPFUL
Rated by Participant: C2E80CB1CBF172F08F0A4FA10997345A9AC78BB83A6C4D1ED9E134B6FA7A866E
Participant Details
Original Note:
NNN. The post does not imply "the FAIR Plan won't be able to pay claims and will cease to exist." It states that the FAIR Plan is at risk of insolvency, which has been stated by state officials. A follow-up post in the thread explains what happens in case of insolvency. https://www.latimes.com/california/story/2024-04-10/westside-l-a-hit-hard-as-state-farm-cancels-home-insurance https://x.com/LauraPowellEsq/status/1877160743415525470
All Note Details