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The California Assembly will kill the wildfire liability plan CAL eg & Gov. Newsom agreed to days ago, according to Ashley Zavala, citing multiple sources tell me.

StockNow breaking-news AI analysis

The California Assembly will reportedly kill the recent wildfire liability deal reached between state lawmakers and Governor Newsom amid ongoing debates over utility responsibility.

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The plan (SB 492) had been giving PG&E/SoCal Edison financial heart burn because it wouldn't let them shift future fire costs to insurance.

2 stocks
PCGPG&E Corporation$14.15Current priceEIXEdison International$59.30Current price

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