Berkshire Utility Sells Blue-Chip Bonds to Pay Wildfire Claims January 3, 2024 By Olivia Raimonde and Josh Saul Berkshire Hathaway Energy Co.’s PacifiCorp is selling US investment-grade bonds to help fund settlement claims related to wildfires in Oregon....
Maui Fire Victims Pursue Legal Tactic That Led to $13.5 Billion California Settlement August 23, 2023 By Joel Rosenblatt Hawaii property owners are seizing on a legal shortcut used by fire victims in California to secure compensation from Hawaiian...
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 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...
California Spent Nearly $1.8B to Fight 2017 Wildfires March 5, 2018 By JONATHAN J. COOPER California state agencies spent nearly $1.8 billion fighting fierce wildfires that killed dozens of people and destroyed thousands of homes...
California Officials Propose Stronger Laws for Wildfire Victims January 18, 2018 California Insurance Commissioner Dave Jones and legislators from wildfire-damaged communities across the state unveiled eight bills (six of which have...
California Wildfires Cause Close to $2B in Damage October 16, 2015 By JANIE HAR Two massive wildfires that burned up parts of Northern California, killing six people and forcing the evacuation of thousands of...
Insurers Handling California Wildfire Losses Agree to Claim Handling Reforms October 15, 2015 Insurers handling wildfire damage from the Valley and Butte wildfires last month in Northern California has agreed to a claims...
Colorado Paying out Money to Claimants From Wildfire July 15, 2013 Some victims of the deadly Lower North Fork Fire in Jefferson County last year will soon receive checks from the...