California’s FAIR Plan May Save Condo Associations…

Orange County Register, May 11, 2023–Jeff Lazerson
The California FAIR Plan Association has agreed to more than double its existing commercial coverage limits to $20 million for businesses and homeowner associations unable to find coverage in the normal insurance marketplace. The increase was the first in two decades and will provide greater access to coverage for homeowners in high-fire-risk areas. (MBA mention)
https://www.ocregister.com/2023/05/11/californias-fair-plan-may-save-condo-associations-blacklisted-by-fannie-mae/