Disclaimer:
ex party utility guy. and worked in utility for decades. Have closer insight into the rate plan of the utility company.
The bill basically says doesn’t allow utilities companies to be immune from insurance company suits, but it’s essentially a little bit futile.
What can insurance company do to those claims? do they have rights to sue utility companies on their transmission lines where most fires are at.
heavily populated area like eaton fire isn’t gonnna be pure utility companies responsibility and who else will be on the hook if this law passes? All utilities have the same “dent” and this is an enrichment policy for insurance companies. This can’t happen.
buy them now.