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China’s Weather Risk Market May Be Late, But It Will Scale Faster Than the West
Texas spreads its windstorm model risk while California's wildfires become economically existential.
Edison Says Utility Customers, Shareholders Can't Remain On the Hook for Wildfire Catastrophes
One of California’s largest electric utilities is warning that the state can no longer treat its customers and shareholders as the default catastrophe insurers, as new legislation radically reshapes how wildfire liability is financed and distributed across the economy.
