- Edison International produces electricity throughout Southern California and shared insights on its stock.
- Utilities are facing liability risks from wildfires.
- Utilities (SCE and PG&E) face wildfire liability legislation, prompting Ben Allen to consider oversight hearings and proposals to shift costs to insurance.
Utility liability is under review and legislative action is limiting liability for fires involving Southern California Edison.
4 reports, 3 independent
Updated Aug 30
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Utility liability is under review and legislative action is limiting liability for fires involving Southern California Edison.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Becker introduced legislation focusing on utility accountability, expanding on the existing utility liability review.1 source
Legislative action is reviewing and limiting utility liability for fires.1 source
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The entities involved
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Southern California Edison
electrical utility in Southern California, United States
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Gavin Newsom
40th governor of California since 2019
Related events
- A proposal for liability reduction for utilities is being put forward, involving Jerry Brown and Congress.
- State lawmakers, including Gavin Newsom, are seeking limits on utility liability for equipment failures.
- Newsom sought to protect utilities from wildfire liabilities, but the Senate blocked a subrogation plan for utilities.
- A bill addressing victims of utility-caused wildfires has reached the governor's desk, requiring the CPUC to determine restitution.
- Governor sought to insulate utilities from liability, but a legislative effort in Sacramento failed.