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Tag

california wildfire liability

1 article

California Blocks Newsom Subrogation Plan — Utility Stocks Fall on Liability Exposure
Research & Analysis40d ago
California Blocks Newsom Subrogation Plan — Utility Stocks Fall on Liability Exposure
Democratic lawmakers rejected Gov. Newsom's proposal to shift wildfire liability from utilities to insurers, sending PG&E down 7.62% and Edison International down 4.76% Friday.