California lawmakers derail Newsom plan to shield utilities from wildfire costs
TL;DR
California lawmakers blocked Gov. Newsom’s bid to end insurers’ subrogation against investor-owned utilities after wildfires, with negotiations collapsing and Democrats wary of shifting wildfire costs to insurers; a phased approach was proposed but not accepted as the legislative session neared its Aug. 31 deadline, while other wildfire-liability measures remained under discussion.
- California lawmakers block Newsom's push to prevent insurance companies from suing utilities that cause wildfires KCRA
- Wildfire Survivors Push Back Against Newsom-Led Utility Bailout The American Prospect
- Insurance executives warn that Newsom plan to shift utility wildfire liability would raise premiums Los Angeles Times
- VOTE: Who should pay when a power company's equipment sparks a catastrophic wildfire? KRCR
- Newsom wants to ease utilities' wildfire costs. Lawmakers are balking CalMatters
Want the full story? Read the original reporting
Read on KCRA