Wall St Engine(@wallstengine):PG&E $PCG and Edison International $EIX shares are falling after California lawmakers blocked Gov. Newsom’s push to stop insurers from recovering wildfire losses from utilities. The proposal was part of a broader plan to limit utility wildfire liabilities. With the legislative session ending Aug. 31, the larger structural reforms now appear off the table.

Wall St Engine

@wallstengine

Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.

가입 March 2022

936 팔로잉 중 187.7K 팬

Wall St Engine@wallstengine

2026.08.28 17:08

PG&E $PCG and Edison International $EIX shares are falling after California lawmakers blocked Gov. Newsom’s push to stop insurers from recovering wildfire losses from utilities. The proposal was part of a broader plan to limit utility wildfire liabilities. With the legislative session ending Aug. 31, the larger structural reforms now appear off the table.