California lawmakers stall Newsom’s wildfire liability bill, saying it doesn’t go far enough for victims
The legislative setback leaves unresolved how victims, utilities, insurers, and ratepayers divide the escalating cost of utility-sparked fires
California lawmakers postponed a decision on a wildfire liability bill on Tuesday, claiming it falls short of providing adequate relief for victims. The bill, introduced by Gov. Gavin Newsom, aimed to alleviate financial burdens faced by those impacted by catastrophic wildfires. Assembly Speaker Robert Rivas announced that the Assembly would reassess the matter later in the year.
Newsom's proposal, which was ultimately not adopted, would have limited utility companies' financial responsibility for fires caused by their equipment and barred insurance firms from suing them for reimbursement. The governor acknowledged that the bill would have expedited payments to victims but fell short of comprehensive reforms to determine who shoulders the cost of utility-sparked wildfires.
Critics argue the bill does not sufficiently address the issue of who should bear the financial responsibility for wildfires.
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