Wildfire Liabilities

California fires. California Governor Gavin Newsom (center) walks by a burned vehicle in downtown Greenville, California on Aug. 7, 2021. Josh...

In a late-night deal with lawmakers, Gov. Gavin Newsom agreed to drop his push for legislation that would have shifted more of the cost of utility-sparked wildfires to property insurers, which could have sharply raised premiums across the state.

California Governor Gavin Newsom's push to shield publicly traded utilities from some wildfire liabilities has been blocked by state lawmakers,...

Gov. Gavin Newsom is making a last-minute push for legislation that would reduce California utilities' wildfire liabilities amid rising...