California Passes $20M “Controlled Burn” Insurance Backstop Paid Members Public
Lack of liability cover was adding fuel to the state’s wildfire problems.
Feeling Burned, PG&E Proposes $1B Exit From Private Market Paid Members Public
The struggling utility says it wants an alternative to “high-cost wildfire liability” polices being offered insurers and reinsurers.
California “Extreme Heat” Reinsurance Pool, Cat Model Pivot Pushed Paid Members Public
Progressive consumer groups are already pushing back on catastrophe model recommendations.
Regulators Burn PG&E’s Wildfire Model Paid Members Public
California regulators say the utility, bankrupted by its role in historic wildfires, is failing to live up to its modeling promisies.