California Agency Report Recommends Reforms to Inverse Condemnation and Subrogation for Wildfire Resilience
Written By Alejandra Cruz
Source: CEB News |By Mary Katherine O’Connor
As utilities, insurers and residents struggle to find ways to mitigate and pay for wildfire damages, California policymakers are seeking new models and strategies that the state could pursue to mitigate damage, facilitate faster post-fire recovery plans and redistribute the cost burdens from fires, across stakeholders.
Mark Toney, the executive director of The Utility Reform Network (TURN), a clean and affordable energy advocacy nonprofit, remembers how the Eaton Fire changed the narrative around the Wildfire Fund. “It is not sustainable to be coming back to ratepayers every few years,” he recalls saying at the time. “Every time it's a big fire.”
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