UPDATE: KCRA 3 News Network Reports "California Lawmakers Block Newsom's Push To Prevent Insurance Companies From Suing Utilities That Cause Wildfires"
https://www.kcra.com/article/california-lawmakers-newsom-wildfire-liability-funds/73554380
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Why It Matters
California lawmakers stopped the governor's plan to protect utility companies from wildfire lawsuits. This means power companies may have to pay more money if their equipment causes fires, which could affect their profits and stock prices.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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