Insurance company executives have expressed concerns about a plan to shift utility wildfire liability. They warned that this change would lead to higher premiums for property insurers. The executives conveyed their concerns to Gov. Gavin Newsom in a letter.

The letter was sent on Wednesday, outlining the potential impact of the proposed shift in liability. Further details about the plan and its potential effects are available from the source.

The executives' warning suggests that the proposed change could have significant consequences for property insurers and their customers. For more information about the plan and the insurance executives' concerns, readers can refer to the original report.