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Home > About CEA > California Wildfire Fund

California Wildfire Fund

On July 12, 2019, Governor Newsom signed into law AB 1054 (Holden, Burke & Mayes) and AB 111 (Committee on Budget), known as the “2019 Wildfire Legislation." The 2019 Wildfire Legislation enacts a broad set of reforms and programs related to the prevention and remediation of utility-caused wildfires in California.

The 2019 Wildfire Legislation, which took immediate effect upon the Governor’s signature, establishes the California Wildfire Fund. The purpose of the Wildfire Fund is to provide a source of money to pay or reimburse eligible claims arising from a covered wildfire, which is a wildfire ignited by a participating utility company’s equipment or infrastructure, within that utility’s service territory.  The Wildfire Fund is capitalized through a combination of payments from participating investor-owned large utility companies, and small monthly surcharges on ratepayers’ power bills.   

WILDFIRE FUND GOVERNANCE

The California Catastrophe Response Council is responsible for oversight of the Administrator of the California Wildfire Fund, and of CEA while acting as Interim Administrator. To learn more about the California Catastrophe Response Council, and upcoming Council meetings, please visit the California Wildfire Fund website.

CEA ACTING AS INTERIM ADMINISTRATOR OF THE CALIFORNIA WILDFIRE FUND

The 2019 California Wildfire Legislation provides for CEA to act as the Interim Administrator of the California Wildfire Fund, until the selection of a permanent Administrator by the California Catastrophe Response Council. Assets in the California Wildfire Fund and in the Earthquake Authority Fund are segregated and separately managed and maintained.  All administration expenses and costs incurred by CEA for the Wildfire Fund are paid solely from assets of the Wildfire Fund.

To learn more, please visit the California Wildfire Fund website.

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