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California’s Wildfire Recovery Crisis | Chico News
California’s wildfire recovery system is in crisis, with victims waiting years for payouts and insurers abandoning homeowners—especially the poor—forcing them to shoulder the cost. A new state report urges immediate action, proposing a state-backed insurance model that would let public utilities manage wildfire risk without endangering communities. Unlike private utilities, these agencies lack shareholder buffers and access to the AB 1054 fund. Up to 40% of recovery funds vanish in bureaucracy, leaving families stranded. Reforms—including capping litigation costs—could redirect money directly…
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