CHICO, Calif. — Amber Blood got to Chico on Nov. 8, 2018, wearing pink slacks and her favorite white peacoat. It was all she had left. Blood was among tens of thousands forced to flee as a wildfire roared through …
Mother Nature has given a bit of a break to California during the 2019 wildfire season, but firefighters say the threat remains in force. Only about 163,000 acres have burned this year, a fraction of the 632,000 or so scorched …
For Moody’s Investors Service, it’s no longer enough for cities to have plans addressing their risks from climate change. The company’s municipal-bond analysts, armed with data, will soon determine how those strategies compare with others — and may change their …
PG&E Corp., the California utility giant forced into bankruptcy by devastating wildfires, has cut power to 513,000 customers in the first phase of its biggest-ever intentional blackout to keep power lines from sparking more blazes. The shutdowns in Northern California …
SAN FRANCISCO — Tens of thousands of Northern Californians will find themselves without electricity Wednesday as Pacific Gas & Electric cuts power to reduce the threat of hot, dry, gusty weather knocking down power lines and sparking wildfires. The utility …
PG&E Corp said on Friday it has reached an $11 billion settlement to resolve most claims by insurance carriers related to 2017 and 2018 wildfires in California. It is the second major settlement of wildfire claims by PG&E, and requires …
California utility giant PG&E Corp. has issued its long-awaited plan for emerging from the largest utility bankruptcy in U.S. history: Raise debt, offer equity and cap wildfire liabilities that led to its collapse at $18 billion — less than half …
LOS ANGELES — California is not burning. At least not as much as it has in recent years. Acreage burned through Sunday is down 90% compared to the average over the past five years and down 95% from last year, …
Seven months after a state agency absolved PG&E Corp. of blame for a deadly 2017 wildfire, the utility giant faces the potential of billions in new legal liabilities — and it’s unclear how it would pay for them. Despite the …
California had long been a good bet for homeowners’ insurers, with most carriers having no problem recouping paid losses through premiums. But in 2017 and 2018, the state experienced six of the 10 most destructive wildfires in its history and …