California's Wildfire Fund Was Mispriced And Now It's Shopping for a Replacement
The state's energy industry is searching for a new financial backstop to absorb wildfire losses that have already outrun every model built to contain them.
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Bill Pushes Physical and Cyber Peril Into US Energy Distribution Layer
US lawmakers have voted to push mandatory physical and cyber peril analysis down to the local distribution layer of the energy grid — the part of the network sitting closest to insured exposure.
