Fire Threat Brings Power Cuts to Thousands in California September 26, 2019 SAN FRANCISCO — Tens of thousands of Northern Californians will find themselves without electricity Wednesday as Pacific Gas & Electric...
PG&E Settles Wildfire Claims with Insurers for $11 Billion September 16, 2019 By Arundhati Sarkar PG&E Corp said on Friday it has reached an $11 billion settlement to resolve most claims by insurance carriers related...
PG&E’s Plan to Cap Fire Liabilities at $18 Billion Draws Ire September 10, 2019 California utility giant PG&E Corp. has issued its long-awaited plan for emerging from the largest utility bankruptcy in U.S. history:...
Wildfire Acreage Way Down in California this Year – So Far August 21, 2019 By Brian Melley LOS ANGELES — California is not burning. At least not as much as it has in recent years. Acreage burned...
PG&E Faces Fresh Pain as Old Fire Claims Return to Haunt It August 20, 2019 By Mark Chediak and Joel Rosenblatt Seven months after a state agency absolved PG&E Corp. of blame for a deadly 2017 wildfire, the utility giant faces...
Moody’s Says Wildfire Catastrophe Losses the New Normal in Calif. August 9, 2019 By Jim Sams California had long been a good bet for homeowners’ insurers, with most carriers having no problem recouping paid losses through...
PG&E Disagrees With WSJ Story Over Power Line Upgrades August 1, 2019 By Joel Rosenblatt and Mark Chediak PG&E Corp. told a judge it “strongly disagrees” with a Wall Street Journal storysuggesting that the utility knew its equipment...
PG&E Judge Demands Response to WSJ Report on Faulty Lines July 11, 2019 By Joel Rosenblatt PG&E Corp. was ordered by a federal judge overseeing its probation to respond to a Wall Street Journal story claiming...
If PG&E Wants Newsom’s Fire Aid, Here’s What It Has to Do June 24, 2019 By Mark Chediak It’s no secret that California Governor Gavin Newsom wants to create a fund that the state’s electric utilities can tap...
PG&E Reaches $1 Billion Wildfire Settlement With Local Agencies June 19, 2019 By David R. Baker and Mark Chediak PG&E Corp., the California utility giant that went bankrupt five months ago amid crippling wildfire liabilities, has reached a $1...