The Underlying is the point-in-time total policies in force (PIF) reported by the California FAIR Plan Association as of September 30, 2026, including residential, commercial, and Businessowner’s Program policies.
This is a policy inventory, not policies written during the year or new business.
The market remains open past September 30 because the September 30 policy count is published later, typically in the following quarterly data release.
Resolution uses the first official September 30, 2026 figure; subsequent revisions do not affect resolution.
Frequently asked questions
What are the current odds for California FAIR Plan policies in force on September 30, 2026?
Kalshi prices Above 730,000 at 6% as of August 25, 2026.
When does California FAIR Plan policies in force on September 30, 2026 resolve?
California FAIR Plan policies in force on September 30, 2026 is scheduled to resolve on November 16, 2026.
How is California FAIR Plan policies in force on September 30, 2026 settled?
Kalshi settles this market as follows: If the California FAIR Plan reports total FAIR Plan policies in force on September 30, 2026 are the named outcome, then the market resolves to Yes.