insurance fund News

Judge Refuses to Approve Fire Victims Letter Attacking PG&E

BERKELEY, Calif. — A federal judge has refused to put his stamp of approval on a letter to Northern California wildfire victims from attorneys who allege that Pacific Gas & Electric may be breaking its promises as it tries to …

PG&E Nearing Deal With Pimco, Elliott on Restructuring Plan

PG&E Corp. is nearing a deal with a group of bondholders led by Pacific Investment Management Co. and Elliott Management Corp. that would entitle them to a mix of equity and new debt if they scrap their rival restructuring plan, …

Water Line Insurance Considered in Sioux City

The City Council in Sioux City, Iowa, has discussed setting up an insurance fund to cover the costs of water service repairs. The Sioux City Journal says dozens of homeowners have had to pay hundreds or even thousands of dollars …

Michigan Judge Says Car Insurance Fund Records are Public

An insurance fund that slaps a fee on every Michigan car to pay for catastrophic injuries suffered in accidents has been ordered to open its books and demonstrate how it sets the annual rate. The decision by an Ingham County …