PG&E Corp. won’t tap a fund for wildfire victims to pay $4 million in fines and expenses for involuntary manslaughter, avoiding a possible hurdle to its exit from bankruptcy. Insurers with claims against PG&E in bankruptcy agreed to wait 15 …
PG&E Corp. agreed to plead guilty to involuntary manslaughter in connection to the deadliest wildfire in California history. The bankrupt utility will pay $4 million in fines for its role in the 2018 Camp Fire, which was sparked by PG&E …
A recent inspection of a PG&E Corp. transmission line uncovered equipment issues similar to those cited as the cause of the deadliest fire in California history, according to lawyers for wildfire victims. During a December inspection, an expert for the …
PG&E Corp. surged to a two-month high after reaching a $13.5 billion settlement with the victims of wildfires ignited by its power lines — a major step toward resolving the biggest utility bankruptcy in U.S. history. The agreement, announced late …
Bankrupt utility giant PG&E Corp. for years failed to properly inspect and maintain its transmission system — an oversight that led a live wire to fall and ignite the deadliest blaze in California history last year, state investigators said. A …
PG&E Corp. is trying to determine whether other jumper cables along its system may be susceptible to failure after one broke in October, minutes before the massive Kincade wildfire ignited in Northern California wine country. PG&E said it was looking …
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 …