PG&E Corp. News

PG&E: Judge’s Aggressive Fire Prevention Plan Would Cost $150B

PG&E Corp. estimates it would cost as much as $150 billion this year alone to comply with a federal judge’s proposal to prevent wildfires. California’s largest investor-owned utility said U.S. District Judge William Alsup’s plan for it to trim branches …

PG&E Says It Won’t Commit to Paying Settlements With 2015 California Fire Victims

PG&E Corp. is so cash-starved that it won’t commit to paying settlements reached with people who lost their homes in a 2015 wildfire caused by a tree falling on a power line. The disclosure by a lawyer for the utility …

PG&E Bankruptcy Looms With $30B in Potential Liabilities from California Wildfires; CEO to Exit

PG&E Corp. said it will file for bankruptcy in California after the cost of wildfires left it with potential liabilities of $30 billion or more, gutting its share price and prompting the departure of its chief executive officer. The San …

Lawyers Scramble to Get Piece of the Action in California Wildfire Lawsuits

In a conference room 13 miles from Paradise, California, Doug Boxer explains to survivors of the state’s worst wildfire why they should choose his law firm to sue PG&E Corp. He walks a fine line between listening to victims coping …

California Regulators to Look at New Blackout Rules to Prevent Deadly Wildfires

California regulators have decided they need to step in and help determine when power blackouts are appropriate to prevent wildfires after a series of deadly blazes linked to electrical equipment. Utilities PG&E Corp., Edison International and Sempra Energy have been …

PG&E Gives Details on Tower Damage at Heart of California Fire Probe

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 …

PG&E Sued for Ad Spending Instead of on Preventing Events Like the California Wildfire

PG&E Corp. was accused of putting its “reputation above public safety” in a lawsuit alleging that the power company spends too much on advertising and not enough on preventing devastating Northern California wildfires like the one that destroyed the town …

California Attorney General Brought into PG&E Wildfire Probe

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 …

Wildfire Relief for PG&E in California May Not Include Fix Utility Wants

PG&E Corp., suspected of starting California’s deadliest wildfire, may soon get help from state lawmakers – just not the help it most wants. As early as Dec. 3, a lawmaker plans to introduce a bill that would give the state’s …

PG&E’s $1.4B in Wildfire Insurance May Not Be Enough, But Was ‘Regular Amount’

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” …