California's largest utilities are seeking relief from wildfire liability risks. Executives from the state's two biggest utilities have issued a warning to lawmakers in Sacramento. They are pushing for legislation that would limit their companies' liabilities for wildfires caused by their equipment.

If lawmakers fail to pass such legislation, the utilities have threatened to take action. This action is intended to protect the interests of their shareholders. The specifics of this action are not detailed, but the utilities are clear in their intention to act if their liability risks are not addressed.

Further details on this developing story are available from the Los Angeles Times.