January 28, 2019
As PG&E Corp. prepares to file for bankruptcy, victims of wildfires are getting a preview of how they’re likely to be treated as the utility reorganizes — harshly. Ahead of an expected filing for Chapter 11 protection this week, the …
December 27, 2018
California regulators said they are considering splitting up Pacific Gas & Electric Co. or making other drastic changes amid concerns over the utility’s role in recent gas explosions and wildfires. Among the options under consideration by the California Public Utilities …
December 12, 2018
PG&E Corp. revealed that on the day California’s deadliest and most destructive wildfire started, its workers saw damage and a fire near one of its transmission towers, which are the focus of investigations and a lawsuit as a possible ignition …
December 11, 2018
They have become known as the Angels of Paradise. But there is nothing ethereal about them. They are online sleuths who know how to find people, and they have been putting their skills to use in the aftermath of California’s …
December 7, 2018
A rare fire tornado that raged during this summer’s deadly Carr Fire in Northern California was created by a combination of scorching weather, erratic winds and an ice-topped cloud that towered miles into the atmosphere, according to a study announced …
December 6, 2018
California Attorney General Xavier Becerra was asked by a federal judge to weigh in on whether reckless operation of power lines by PG&E Corp. in connection with deadly Northern California wildfires would constitute a crime. The request by U.S. District …
December 2, 2018
California regulators moved Friday to take over an insurance company that can’t pay out all claims following a massive wildfire that destroyed more than 13,000 homes. Merced Property & Casualty Company was pushed to insolvency by the fire that sparked …
November 28, 2018
In the days before California’s deadliest wildfire erupted near a PG&E Corp. power line during a windstorm, the company kept a close eye on the weather, warned customers it might shut off electricity in the area, and finally decided conditions …
November 20, 2018
PG&E Corp.’s $1.4 billion in wildfire insurance may not be enough to cover all its potential liabilities from the deadliest blaze in California history. But the company wasn’t necessarily skimping on coverage. That level of coverage is a “regular amount” …
November 16, 2018
Between the devastating wildfires in California and the destructive forces of Hurricanes Florence and Michael on the East Coast earlier this fall, the property/casualty insurance market has been put to the test this season. The challenge has been greater for …