California lawmaker plans wildfire relief bill for utilities

Under current California law, utilities can be held liable for costs if their equipment is found to have caused a fire.

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Bruned vehicles

PG&E Corp. rose after a California lawmaker requested a bill to help the state’s largest utility absorb liabilities from this year’s fatal wildfires.

Kellie Smith, an adviser to assemblyman Chris Holden, said she is drafting legislation that could be introduced as early as Dec. 3. It may serve as a framework for lawmakers to consider relief for PG&E from the billions of dollars it faces in potential liability for death and property damage in Northern California’s Camp Fire, the deadliest in state history.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
Educational webcasts, resources from industry leaders, and informative newsletters.
Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account? Sign In Now

Dig Deeper

Recommended Stories

Who's using what in P&C insurance: August 2, 2021

PC360 Staff Writer | August 02, 2021

Insurance technology news from Brightway Insurance, Gore Mutual, Openly and more.

OSHA levies nearly $1M in fines after six deaths at poultry plant

Steve Hallo | July 29, 2021

Nitrogen leaking from a malfunctioning freezer caused five employees to die immediately.

Historic drought slams the U.S. West as wildfire season looms

Brian K Sullivan and Elizabeth Elkin | June 28, 2021

Forecasts say the wildfire threat is running a month ahead of schedule, which means there’s daily potential for a flame to start.

Resource Center

Disasters are only getting bigger. Make sure your team is prepared for what comes next.

White Paper

Sponsored by Athenium Analytics

Billion Dollar Storms: How Insurers Can Manage Risk in a Changing Climate

Disasters are only getting bigger. Make sure your team is prepared for what comes next.

Browse More Resources ›

After a year like no other, now is the time to make sure your team has the capacity to grow.

eBook

Sponsored by Vertafore

3 Ways to Jumpstart Your Agency Growth

After a year like no other, now is the time to make sure your team has the capacity to grow.

Browse More Resources ›

Don’t let a focus on back-end workflows take precedence over what your customers need. Make sure you stay focused on what’s important.

eBook

Sponsored by Lightico

Digital Completion: How Insurers Can Deliver End-to-End Digital Customer Journeys

Don’t let a focus on back-end workflows take precedence over what your customers need. Make sure you stay focused on what’s important.

Browse More Resources ›

PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.