Insurers Back California Wildfire Proposal, With Warnings
Industry representatives said they will expand wildfire coverage in return for model-based pricing, but added that California’s plan still has several problems.
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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.
California Lawmakers Pass Public Wildfire Catastrophe Model Legislation
SB 429 heads to Governor's desk and would create the nation's first public wildfire risk assessment tool.
