Homes burn near Altadena Drive and New York Drive in Altadena during the Eaton fire on Jan. 7. (KTLA) The California FAIR Plan, the state's home insurer of last resort, is seeking an average 35.8% rate hike, its largest in years, following billions of dollars of losses incurred in the January fire storms. The Los Angeles-based insurance pool, operated and backed by the state's licensed home insurers, filed this week for the dwelling policy rate hike, which must be reviewed and could be reduced by the sta ...