Edison International is trading 4.28% down now at $67.17 as investors continue reassessing wildfire-liability risks ahead of California’s August 31, 2026 legislative deadline.
- Lawmakers blocked a proposal limiting insurers’ ability to sue utilities for wildfire losses, leaving Southern California Edison exposed to potentially uncapped subrogation claims.
- Barclays and earlier Argus downgrades have added pressure.
- Broader markets are only modestly lower, suggesting the decline is primarily tied to California wildfire-policy uncertainty rather than general risk-off trading.