Power producer PG&E Corp. said on Monday that it won bankruptcy court approval to use up to $23 billion in financing after California Gov. Gavin Newsom dropped his opposition to those financing commitments. The U.S. bankruptcy court of Northern California …
Pacific Gas & Electric told a federal bankruptcy judge that it has settled a dispute with disaster-relief agencies that threatened to siphon money away from a $13.5 billion fund earmarked for victims of catastrophic wildfires in California caused by the …
Assemblyman Marc Levine, D-Marin County, has introduced Assembly Bill 3258, which would require property insurance providers to take into consideration local government investments in wildfire prevention when determining insurance rates. California Insurance Commissioner Ricardo Lara and a group of Legislators …
California officials are bracing for the potential of another drought and an early and more intense wildfire season amid a record-breaking warm and dry February. February is shaping up to be driest on record for much of the state, with …
The California Public Utilities Commission has issued an administrative law judge decision imposing $2.137 billion in penalties against Pacific Gas and Electric Company for the utility’s role in the catastrophic 2017 and 2018 wildfires. If PG&E agrees to the modified …
A $13.5 billion settlement between victims of California’s catastrophic wildfires and the utility blamed for causing them was supposed to bring some peace and hope to people still reeling from the devastation. Instead, the deal has sparked confusion, resentment, suspicion …
Pacific Gas & Electric has fired a contractor hired to haul debris from the site of a deadly 2018 Northern California wildfire, saying the company was over-billing the utility and paying “large sums of money and gifts” to two utility …
Pacific Gas and Electric says it expects to become more profitable than ever after it emerges from bankruptcy and pays off more than $25 billion in losses sustained in catastrophic wildfires ignited by its outdated equipment. The nation’s largest utility …
A newly proposed bill would clarify under California law the concept of “hardened homes” that are safer or more resistant to wildfires and then require admitted carriers to cover those homes. California’s insurance commissioner and several lawmakers on Tuesday introduced …
Doctors and other experts say at least 50 more people, many of them elderly or ill, likely died as a result of the 2018 wildfire that devastated the town of Paradise, California, but were not counted in the official death …
