California lawmakers are said to be considering a proposal to help utilities shoulder billions of dollars in potential liability costs while offering relief to wildfire victims by setting up a compensation fund that would be backed by the state and …
PG&E Corp. suffered another legal setback with a judge saying he won’t release the company from a key legal claim over the most destructive wildfires in California history. PG&E has been challenging a California law allowing private property owners to …
PG&E Corp. tentatively lost a bid to inoculate itself from a finding of liability in a 2015 fire, a court decision that deals the company a potentially more serious setback in its strategy to shield itself from deeper losses in …
Utility giants PG&E Corp. and Edison International could gain at least some protection against future wildfire damages under a bill that’s advancing in California’s legislature. An amended bill being weighed by California’s Senate would shield utilities that follow approved safety …
Once again, thousands are fleeing a wildfire in California. And, once again, the worry on Wall Street is that a major electric utility might end up on the hook for the damages. Shares of Edison International plunged the most in …
California regulators rejected a request by a San Diego utility to bill customers for a decade-old wildfire, even as they made clear their decision shouldn’t necessarily be seen as a precedent for last month’s deadly fires in wine country. San …
California’s chief utility regulator said the state may never determine whether PG&E Corp.’s electrical equipment played a role in igniting the deadly blazes near San Francisco earlier this month. The wildfires, which have killed at least 42 people and destroyed …
PG&E Corp. at the end of last week capped its worst week in nine years on speculation that downed power lines may have played a role in deadly wildfires raging across California. And the rout is far from over. After …
California utility regulators are considering an investigation into the safety culture and governance of PG&E Corp., citing persistent lapses in company oversight. If approved, the California Public Utilities Commission would investigate the “organizational culture, governance and operations” at PG&E to …
California regulators imposed the largest penalty in the agency’s history, ordering PG&E Corp. to pay $1.6 billion for failures that led to a deadly 2010 natural gas pipeline explosion in a San Francisco suburb. A faulty weld on the pipeline …
