PG&E Restructuring Plan Upped to $45B by Creditors May 31, 2019 By Scott Deveau and Katherine Doherty A group of PG&E Corp. creditors could preempt the embattled California utility’s own attempt to claw its way out of...
California Utility Regulator OKs PG&E’s Wildfire Mitigation Plan May 30, 2019 A Wildfire Mitigation Plan submitted by Pacific Gas & Electric Corp. was approved by the California Public Utilities Commission on...
California Commissioner Wants Insurers to Extend Living Expense Coverage for 2017 Wildfire Survivors May 29, 2019 California Insurance Commissioner Ricardo Lara on Wednesday announced two new actions intended to assist survivors of the 2017 North Bay...
X Prize Developing Wildfire-Fighting Contest May 14, 2019 The X Prize Foundation is developing a contest for technology that can detect and extinguish wildfires before they grow too...
California May Go Dark This Summer; Most Aren’t Ready May 13, 2019 By Mark Chediak and Brian Eckhouse A plan by California’s biggest utility to cut power on high-wind days during the onrushing wildfire season could plunge millions...
$10B Fund for California Fire Costs May Dry Up by 2030 May 10, 2019 California has for months been weighing the idea of a fund that utilities could dip into when facing crippling costs...
Insurance Department: Claims from Deadly California Wildfires Top $12B May 9, 2019 By Kathleen Ronayne Insurance claims have topped $12 billion for the November wildfires in California, making them the most expensive in state history....
Judge Tells PG&E’s Board to Tour Wildfire-Ravaged California Town May 8, 2019 A federal judge has ordered board members of Pacific Gas & Electric to tour the Northern California town of Paradise,...
Insured Losses from November 2018 California Wildfires Top $12B May 8, 2019 Insured losses from the most destructive wildfire month in California’s history climbed $614 million in the first three months of...
PG&E in California 1Q Earnings Beat Wall Street Expectations, Profit of $136M May 3, 2019 Pacific Gas & Electric Co.on Thursday reported first-quarter profit of $136 million. The San Francisco, Calif.-based company said it had...