Creation of a catastrophic wildfire risk pool is emerging as the most likely option as California lawmakers seek to protect the solvency of investor-owned utilities from record payouts for fire damages. PG&E filed for a bankruptcy reorganization this year, saying …
A U.S. judge said on Tuesday that PG&E Corp. cannot resume dividends and must use the money to reduce wildfire risk in California, stopping short of more costly measures he proposed earlier this year. The new criminal probation terms for …
Legislation by that could lead California to consider buying insurance in the private market to cover rapidly increasing costs of fighting wildfires due to climate change cleared a key committee vote Tuesday. Senate Bill 290, called the California Disaster Insurance …
California Gov. Gavin Newsom has moved to bypass environmental regulations to prepare for the next wildfire season, a move he said was necessary to prevent further loss of life even as it frustrated activists in a state viewed as a …
Pacific Gas & Electric Co. is pushing back on a U.S. judge’s revised proposals to prevent the utility’s equipment from causing more wildfires, saying it could not “monitor every tree at every moment of every day” to ensure they don’t …
After only a year into his job as CEO and president of the Insurance Institute for Business and Home Safety, Roy Wright is setting the place on fire. The IBHS conducted a demonstration in early March simulating an active wildfire …
The devastating Thomas Fire that killed two people and destroyed more than 1,000 structures northwest of Los Angeles in December 2017 was sparked by power lines owned by Southern California Edison Co , fire officials said on Wednesday. An investigation …
After successive years of devastating wildfires, California’s fire agency has announced a plan that would dramatically increase the removal of dead trees and other forest management efforts with the help of the National Guard. The California Department of Forestry and …
A federal judge is requiring PG&E Corp. to abide by rules governing how the utility operates its power lines in California, seeking to reform what he described as “dismal” management that led to a series of destructive fires over the …
Joan Didion’s “Holy Water,” written in 1977, is a paean to the elaborate engineering that supplied her taps in Malibu and filled drinking glasses in Hollywood restaurants. At its heart is a warning: The apparent ease of California life is …
