California Wildfire Cost Battle Heats Up | Sacramento News

Sacramento News Today | 2 Min News | The Daily News Now! · Aug 28, 2026 · 1m

Fifteen major insurers are rallying against Governor Newsom’s wildfire cost proposal, warning it could hike premiums by eliminating subrogation — the legal right to recover costs from utility companies blamed for fires. Though the governor’s office now plans a phased rollout instead of an outright ban, insurers remain skeptical, arguing subrogation is vital for rate stability and customer reimbursements. Talks with the governor have stalled, while he pushes forward with other measures like capping executive pay and boosting fines for negligent utilities. With California’s legislative session…