California to Consider Changing Rules for Utility Wildfire Liability
Robert Walton | Utility Dive
California’s wildfires are worsening and the state expects the risk to continue. Legislators and Gov. Jerry Brown are working on response and prevention proposals, and plan to review insurance and liability policies.
Investor-owned utilities in California have a unique kind of liability, which can leave them on the hook for damages even if they were not at fault. With PG&E raising the potential of bankruptcy, the state is considering changes.
Brown, along with bipartisan leaders in the Senate and Assembly, issued a joint statement Monday committing to “strengthen disaster preparedness and set forth appropriate policies to respond to the increasing wildfire danger.”
“Wildfires and extreme weather are more destructive than ever and that’s why we must take decisive action to protect the lives and property of the people of California,” they wrote…(Read the full story)