Camp Fire News

California Regulator Eases Concerns Over Utility’s Ability to Pay for Wildfire Damages

Shares of Pacific Gas & Electric Co. soared Friday after California’s top utility regulator said his agency will help the company deal with potentially crippling liability costs from wildfires. Stock prices soared 36 percent in midday trading after plunging 60 …

PG&E Stock Tumbles as Wildfire Liability Concerns Rise

PG&E’s stock lost more than 20 percent of its value Wednesday after the utility said it does not have nearly enough insurance coverage if it is found liable for a Northern California wildfire that has left at least 48 people …

California Homeowners Face Worker Shortage, High Costs in Rebuilding

Californians who lost a home to the state’s wildfires could face a nightmarish recovery as they try to rebuild. It’s always a challenge to recuperate after any disaster, but California residents face a unique problem. Experts say the seemingly endless …

Insurers Dispatch Wildfire Crews to Save California Homes

California’s raging wildfires are so bad that American International Group Inc., Chubb Ltd., and PURE are deploying teams of specialists and former firefighters to spray retardants on homes. The season may soon rank among the industry’s most costly. The latest …