YahooAugust 12, 2026 at 1:34 PM NY23 days ago

Senate Energy Chair Calls Out Utility CEOs Over Bailout Blackmail Threats; Local Governments, Insurers, Fire Survivors & Consumer Groups Rally Against Bailout, Says Consumer Watchdog

A coalition of governmental entities, wildfire survivors, insurance companies, attorneys and consumer groups sent a joint letter to the legislature vowing to oppose any proposal that "would shift billions of dollars in costs away from utility shareholders and onto insurance policyholders, cities, counties, taxpayers, and wildfire victims."

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