Gov. Newsom orders study of California's ailing utility and insurance markets

Gov. Newsom orders study of California's ailing utility and insurance markets

Gov. Gavin Newsom called Tuesday for a report that will study whether to limit the liabilities of California's investor-owned utilities if they're found to have caused wildfires — as well as to possibly establish a state-supported property insurance fund.

Gov. Newsom orders study of California’s ailing utility and insurance markets

By Laurence Darmiento, LOS ANGELES TIMES Gov. Gavin Newsom called Tuesday for a report that will study whether to limit the liabilities of California’s investor-owned utilities if they’re found to have caused wildfires – as well as to possibly establish a state-supported property insurance fund. The executive order is more broadly intended to come up with ideas […] The post Los Angeles Times – Gov. Newsom orders study of California’s ailing util…