This week Jordan Haedtler discusses FIAR plans as an insurance tool against events caused by the climate crisis. We examine how FAIR plans are used in different states over the years and how new legislation may affect them. Recommendations from the report "Insurers of Last Resort: Why Today's FAIR Plans Need a Redesign to Address the Home Insurance Crisis." show how FAIR plans can be better regulated to keep up with the changing scope of how they may be used.