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California Governor Seeks Additional $18 Billion for Utilities' Wildfire Fund, Bloomberg News Reports

(Reuters) -California Governor Gavin Newsom is proposing legislation to bolster the state's wildfire fund with an additional $18 billion for utilities, Bloomberg News reported Wednesday, citing sources familiar with the plan. Reuters could not immediately verify the report.

Orange County Register · 22h

Newsom seeks $18 billion for utilities’ wildfire fund as California faces future blazes

Electricity ratepayers would contribute half the money through a monthly fee. The other half would come Edison, PG&E and Sempra.

Government Technology · 3h

California Legislation Would Add $18B to Wildfire Victim Fund

The law would add to an existing fund for wildfire victims, which officials have warned could be exhausted by the Eaton wildfire. Funds would come from customers and shareholders of the state’s three biggest for-profit utilities.

Breaking: New wildfire reported in Los Angeles County on Aug. 1

A new wildfire was reported today at 2:55 p.m. in Los Angeles County, California. The wildfire has been burning on private land. At this time, the containment status is unknown and the cause of the ...

27m

California's FAIR Plan facing legal action from State Insurance Commissioner for smoke damage claims

California's insurance commissioner announced legal action against FAIR Plan for allegedly limiting smoke damage claims.

California awards $4.7 million to boost tribal wildfire resilience efforts

The California Department of Forestry and Fire Protection (Cal Fire) has allocated nearly $4.7 million through its Tribal ...

Breaking: New wildfire reported in Riverside County on Aug. 1

A new wildfire was reported today at 2:01 p.m. in Riverside County, California. The wildfire has been burning on private land. There is currently no information on the containment of the fire and its ...

Action News Now6h

$4.7M awarded for tribal wildfire resilience efforts in California

CAL FIRE has awarded nearly $4.7 million to bolster tribal wildfire resilience and cultural stewardship across California.

LAist3h

Wildfire fund at risk

Wildfire fund at risk: The state’s wildfire insurance pool could be wiped out, putting all major California power companies ...

1hon MSN

California's insurance commissioner is taking action against the FAIR Plan. Wildfire survivors say it's too late

The state's top insurance official, Ricardo Lara, has accused the California FAIR Plan of illegally denying wildfire smoke ...

7don MSN

California wildfire victims left wondering where $100M went following FireAid benefit concert

California wildfire victims question where the $100 million from the FireAid benefit concert went, as charity reveals funds ...

57m

California wildfire victims call out mortgage companies

The state of California and hundreds of mortgage companies agreed to help victims of the LA wildfires by offering a pause on ...

1don MSN

California deploys firefighting resources in multiple northern counties ahead of increased fire risk

In anticipation of critical fire weather conditions forecast for parts of Northern California, Gov. Gavin Newsom has approved ...

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