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	<title>property insurer &#8211; Canyon Crest Guide Local News</title>
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		<title>California&#8217;s Fair Plan may need a bailout after the L.A. fires</title>
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		<dc:creator><![CDATA[Tony Ramos]]></dc:creator>
		<pubDate>Sat, 18 Jan 2025 23:38:29 +0000</pubDate>
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					<description><![CDATA[[ad_1] The California FAIR Plan Assn., the state’s property insurer of last resort, was born of smoldering ashes — not of a wildfire, but of one of the worst urban disturbances in U.S. history. The Watts riots in 1965 damaged or destroyed more than 600 buildings, causing insurers to flee and highlighting the need for [&#8230;]]]></description>
		
		
		
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