June 17, 2020
Backers of a controversial bill in California, which they say is designed to increase insurance coverage in high-risk wildfire areas by amending Proposition 103, believe it has the right timing and plenty of momentum to go all the way. The …
June 17, 2020
Pacific Gas & Electric is expected to plead guilty to 84 felony counts of involuntary manslaughter during a court hearing in which the nation’s largest utility will be confronted with its history of neglect and greed that culminated in a …
May 20, 2020
Pacific Gas & Electric’s plan for getting out of bankruptcy has won overwhelming support from the victims of deadly Northern California wildfires ignited by the utility’s fraying electrical grid, despite concerns that they will be shortchanged by a $13.5 billion …
May 4, 2020
PG&E Corp. will sweep out three quarters of its board of directors to start with a mostly clean slate when it emerges from a bankruptcy case triggered by deadly wildfires ignited in Northern California by the utility’s neglected electrical grid. …
April 22, 2020
California regulators are being advised to approve Pacific Gas & Electric’s plan to emerge from bankruptcy with new controls designed to prevent a recurrence of the utility’s past bad behavior that has resulted in deadly wildfires, infuriating blackouts and high …
April 16, 2020
The Northern California victims of catastrophic wildfires caused by Pacific Gas & Electric’s decaying electrical grid will have at least $19 million siphoned way from a $13.5 billion fund for their losses to cover administrative costs. A bankruptcy judge said …
April 8, 2020
Lawyers who negotiated a crucial $13.5 billion deal for the victims of deadly wildfires caused by Pacific Gas & Electric equipment are expressing serious doubts about whether the nation’s largest utility will be able to pay the full amount as …
April 1, 2020
California power regulators are weighing a recommendation to back off plans to fine Pacific Gas and Electric an additional $462 million for igniting a series of Northern California 2018 deadly wildfires rather than risk that the harsher punishment will scuttle …
March 30, 2020
Pacific Gas & Electric is warning its elaborate plan for getting out of bankruptcy might collapse if the utility can’t pay for its crimes in a deadly Northern California wildfire by taking money away from a fund set up to …
March 24, 2020
Pacific Gas & Electric said it will plead guilty to 84 counts of involuntary manslaughter in connection with the 2018 fire in Northern California that killed 84 people and decimated three towns. The utility said in a statement will also …