Newsom’s Wildfire Cost Reform Push | Bakersfield News

Governor Gavin Newsom is racing against time to overhaul how California handles wildfire costs, targeting utility companies that spark fires with a plan to cap their payouts—aiming to prevent another energy sector collapse like after the 2018 Camp Fire. But his last-minute push is sparking fierce backlash: insurers fear market disruption, local officials worry about rebuilding funds, and wildfire victims protest, fearing even less support ahead. Newsom’s team argues the current system is broken, citing past settlements that left victims shortchanged—and insists this isn’t about shielding utilities, but creating stability. With the legislative session ending soon and details still murky, critics call it secretive; Newsom counters that this urgent issue can’t be politicized, especially as he eyes a potential presidential run. 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/0d5582b5a26a5b7f