Subject: Bloomberg: Western Utilties Can't Buy Insuran
Apropos of discussions on this board recently:

"As wildfire season starts, some utilities are now operating without insurance — and are on the hook for millions of dollars in damages if their power lines are linked to a blaze.

Wildfire risk is the number one issue for utilities,” said Michael Kolodner, the practice leader for the US power and renewables industry at Marsh & McLennan Companies Inc., a US insurance broker. “This is impacting every single utility in North America."

https://www.bloomberg.com/news...

abromber