Experts to lawmakers: Limits on utility liability may ‘seriously threaten’ CA insurance

California’ s insurance commissioner and other experts warn that eliminating the ability of insurers to recover money after utility-caused wildfires could destabilize the state’ s fragile market for homeowner coverage. “We’ re in a very shaky, shaky place right now,” said Nancy Watkins, a consulting actuary at Milliman, during a joint hearing Thursday of the…