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flag California proposes suing fossil fuel companies to cover climate disaster insurance costs.

flag A California bill introduced in early 2026, SB 982, would require fossil fuel companies to help cover rising insurance costs from climate-related disasters by allowing the state attorney general to sue oil and gas producers for damages linked to climate change. flag The law targets losses from wildfires and other extreme weather events that have driven up premiums and strained public insurance programs, especially after major fires in January 2025 caused up to $45 billion in insured damage.

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