Newsom aids utilities in wildfire cost reduction

California lawmakers are considering legislation aimed at shifting wildfire recovery costs from utility companies to insurance policyholders, amid opposition from fire survivors, consumer groups, and the insurance industry. Proposed bills, related to wildfire funding and utilities’ liabilities, are being discussed behind closed doors using late-session legislative tactics. Critics argue these measures would reduce compensation for fire victims and limit their legal recourse, while utilities and industry-backed organizations seek to minimize their financial liability for wildfire damages.

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