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Arizona proposes law that would shift wildfire liability from utilities to insurers

Arizona lawmakers are debating a bill that would protect utilities from wildfire-related lawsuits, a move that would likely send shockwaves through the insurance industry.  The bill would make it harder to prove that utilities are to blame for wildfires started by faulty or poorly maintained equipment while also limiting damages. In exchange for reduced liability, […] © 2024 TechCrunch. All rights reserved. For personal use only.



Arizona lawmakers are considering a bill that would limit utility liability for wildfires, potentially shifting the financial burden to insurers and homeowners. Utilities would need to file wildfire mitigation plans, but adhering to them isn't mandated. The bill comes as Western states grapple with increasing wildfire risks and rising insurance costs. Separately, the Trump administration allegedly directed Citibank to freeze funds related to climate initiatives.

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