California Wildfire Deal Signed | Fresno News

California lawmakers and Governor Newsom have struck a historic deal on wildfire accountability, speeding up damage payouts and banning utility CEO bonuses for a year if their company’s fire causes death. While the agreement wins applause from victim advocates as proof of responsive governance, it falls short of Newsom’s vision—particularly his push to block insurers from recovering costs from utilities, a move rejected by legislative leaders. Insurance firms warn of higher homeowner costs, while the bill includes vital safeguards: no sale of claims to private equity and mandatory annual wildfire preparedness reports. With a two-thirds supermajority needed to pass, this compromise emerges from months of tense negotiations—and may still be incomplete, but it’s a major step forward for wildfire accountability. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b914779aa9fa1d28