In one of his last political pushes as governor, Gov. Gavin Newsom wants to speed up payouts for wildfire victims. Critics say it helps utilities avoid accountability
  • fyzzlefry@retrolemmy.comEnglish
    1·
    5 hours ago

    Wow no one reads articles, looks like insurance companies and hedge funds are taking advantage of the utility companies. But yeah nEwSoMe bAd

    “Insurance companies have launched an ad campaign against what they call a potential “utility bailout,” that would leave them unable to recover from the power companies the costs of paying homeowners’ insurance claims.”

    “Newsom and the lawmakers say utilities are held responsible for too much after a wildfire and that bad actors like hedge funds are taking advantage to get a cut.”

    • wheezy@lemmy.mlEnglish
      1·
      6 hours ago

      He shouldn’t be president but I’m definitely looking forward to the shit show that will be the Democratic primary. He should definitely run.

      • Polisheocket@lemmy.zip
        1·
        4 hours ago

        So glad he’s out as governor, maybe his replacement will find that 50 billion he lost trying to fix homelessness