Edison Acknowledges "Viable Explanation" for Eaton Fire, Urges Risk Sharing Beyond Private Market Insurance
Edison acknowledged its equipment likely ignited the deadly Eaton fire while calling on California policymakers to overhaul how catastrophic wildfire losses are shared across the economy, even as the company said it cannot yet estimate its total liability.
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Wildfire Risk Rules Could Threaten California’s AI Build-Out and PG&E Shares, Executives Warn
As California’s wildfire liability debate moves into its final phase, PG&E is telling investors that a bad deal could hurt grid expansion, affordability, and AI data-center growth.
Insurers Say Their Tech Exposure Is "Immaterial". Wall Street Isn't So Sure.
Wall Street insurers across earnings calls about software and private credit exposure, suggesting the buy side sees concentration risk the industry hasn't priced.