California edges closer towards state wildfire cat fund

Cali wildfires

The idea of a state catastrophe fund of up to $30bn to reimburse utilities for liability costs is gaining popularity in California. Meanwhile, a bill that would allow the state to explore buying insurance and placing cat bonds to protect against catastrophe losses recently made progress.

Want to read this article?

Subscribe for FULL access to this article - and ALL our premium content

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey
Commercial director
Tel: +44 (0) 203 934 6687

Andy Stone
Sales manager
Tel: +44 (0) 203 934 6684

Subscribers get access to:

  • Breaking news by email on all critical issues
  • Trusted analysis and commentary
  • Opinion from market thought-leaders
  • Exclusive data on the industry
  • Daily digital newsletter
  • Full access to our online archive


If you are a subscriber you can SIGN IN now for FULL access