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Senate Bill 222 (Wiener; D–San Francisco), a measure strongly opposed by our industry, was held in the Senate Judiciary Committee and is effectively dead, though it remains eligible for reconsideration.
SB 222 sought to permit homeowners, businesses, and insurers to pursue damages from fossil fuel companies for climate-related disasters, effectively shifting financial liability away from ratepayers. The bill would have exposed businesses to billions of dollars in litigation, threatened operational viability, and driven insurance premiums even higher for all Californians—without providing meaningful solutions to climate risks or contributing to the stabilization of the insurance market.
Significant efforts were made to educate committee members about the bill’s potential consequences, and we are encouraged by the decision not to advance it.
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