inverse condemnation News

Maui Fire Victims Pursue Legal Tactic That Led to $13.5 Billion California Settlement

Hawaii property owners are seizing on a legal shortcut used by fire victims in California to secure compensation from Hawaiian Electric Industries Inc. for damages following the fires that ravaged Maui. The strategy, which doesn’t require proving negligence, helped push …

Viewpoint: Subrogating Against God

The devastation of Hurricane Ian reminds us that the opportunity for property subrogation success is often disguised as an Act of God. The claims history of most domestic insurance carriers is littered with billion dollar claims as a result of …

There’s No Easy Way to End California’s Bedeviling Blackouts

California residents who were incredulous after the head of PG&E Corp. signaled a decade more of blackouts face an unnerving prospect: he may just be right. Four mass power shutoffs in a month have disrupted life in California, forcing schools …

PG&E Posts $2.6 Billion Loss Stemming From Bankruptcy, Wildfires

PG&E Corp., the bankrupt California utility giant, reported a $2.6 billion second-quarter loss and said it expects more charges this year tied to wildfires that devastated the state in 2017 and 2018. The company, which didn’t provide an outlook for …

Insurers Offer Competing Plan to Rescue PG&E from Bankruptcy

SAN FRANCISCO — Insurance companies contending that Pacific Gas & Electric owes them more than $20 billion from wildfire claims want to take over the California utility and pull it out of bankruptcy. The insurers filed court documents Tuesday to …

California Cities Ask Newsom to Remove Hurdles for PG&E Assets

A new California law, a win for Governor Gavin Newsom, is intended to help utilities cover wildfire liabilities. But it’s also impeding the efforts of cities such as San Francisco that are seeking power independence. Now, they’re pressing Newsom to …

After Blazes Burn PG&E, California Passes Utility Fire Fund

California is establishing a fund totaling as much as $21 billion to help rescue utilities from a wildfire crisis that has in the past two years burned thousands of homes, left more than 120 people dead and led to the …

California’s Fire ‘Bailout’ for PG&E, Edison Clears Hurdle

Utility giants PG&E Corp. and Edison International are one step closer to getting California’s help in covering the costs of increasingly catastrophic wildfires that their equipment keeps igniting. The state Senate passed a bill late Monday that would create a …

PG&E, Edison May Not Get California Help on Fires by July 12

California’s biggest utilities — PG&E Corp., Edison International and Sempra Energy — may not get the help they need to deal with multi-billion dollar wildfire liabilities before lawmakers adjourn July 12 for recess. Governor Gavin Newsom signaled that pending legislation …

PG&E Is Already Starting Fires Again, Just Weeks Into the Season

Just a few weeks into California’s dry summer season, fires linked to Pacific Gas & Electric Corp. have already started to break out. More than 2,000 acres burned in Monterey County this week, with power lines blamed as the cause. …