Facing protests, Newsom drops most of plan limiting utility wildfire liabilities
In a late-night deal with lawmakers, Gov. Gavin Newsom agreed to drop his push for legislation that would have shifted more of the cost of utility-sparked wildfires to property insurers, sharply raising premiums across the state.
After weeks of closed-door negotiations with lawmakers and protests by wildfire survivors, the governor also backed away from a proposal that reduced amounts fire victims could receive and transferred more of the damage costs to local governments.
Wildfire victims and other critics had called the plan a corporate bailout.
According to a 96-page bill, published at 7:26 a.m. Saturday, Newsom and lawmakers agreed on some measures