Southern California Edison urges year-end wildfire liability deal after legislation stalls

Photo: Mackinacbridge, CC0, via Wikimedia Commons
Southern California Edison is pushing for a year-end state wildfire liability deal after legislation stalled, keeping inverse-condemnation and wildfire fund mechanics in the market's face. California IOU casualty and wildfire covers remain legislation- and settlement-driven: placement timing, attachment, and sublimits should track the political calendar, not only fire season. | Source: https://www.reuters.com/business/energy/southern-california-edison-pushing-state-wildfire-liability-deal-before-2026-09-24/