California Assembly scraps final wildfire liability compromise as Newsom walks out
The California Assembly rejected a last-minute wildfire liability bill on Tuesday, ending a contentious legislative session without passing the compromise. The measure, which included fast-pay programs for victims and restrictions on utility CEO bonuses, failed to secure the necessary two-thirds majority. Governor Gavin Newsom criticized the outcome as insufficient, while legislators cited gaps in the proposal and opposition to limiting insurance companies' rights to recover costs from utilities.
