Just a quick update on the insurance crisis that is affecting California condo projects. The CA Dept of Insurance recently increased “Fair Plan” commercial coverage limits for condo projects, farms and businesses to 20 MIL. Full article here: https://www.insurance.ca.gov/0400-news/0100-press-releases/2023/release051-2023.cfm Will it help? The short answer is “a little”, for smaller projects where insurance companies wont…