This post is part of a series sponsored by CoreLogic. As strong winds further exasperate the prime weather conditions for wildfires in California, efforts to save lives and property are a foremost priority of emergency responders and state officials. To …
Nearly 776,000 homes with a reconstruction cost value of more than $221 billion are at extreme risk of wildfire damage, a new report out Thursday shows. The 2019 CoreLogic Wildfire Risk Report examines single-family and multifamily residential properties at risk …
Victims of the second-most destructive fire in California history will get a chance to try and persuade a jury that PG&E Corp. should pay them as much as $18 billion in damages. U.S. Bankruptcy Judge Dennis Montali on Friday lifted …
PG&E Corp. shares plunged Monday after a judge ruled that a jury can determine whether it should pay as much as $18 billion in damages to wildfire victims. The California utility giant fell as much 28%, to $10.22, at 9:35 …
California fire investigators last week concluded that a major 2017 wildfire was caused by privately owned electrical equipment, prompting the state’s new governor to estimate that PG&E Corp’s potential wildfire liabilities could be almost cut in half. Investors in the …
California is poised to set an annual record it never wanted to break: the amount of earth scorched by wildfires. Blazes have already ripped through enough acres to blacken the entire state of Delaware, and what’s typically California’s worst month …
Cal Fire is reporting that 17 people are confirmed to have died in the wildfires throughout the state this week and that at least 3,500 homes and commercial structures have been destroyed by the fast-moving blazes. “Overnight fire conditions were …
