Wildfires Are Upending Some of the Safest Bets on Wall Street April 18, 2024 By Mark Chediak and Olivia Raimonde When the Texas Panhandle went up in flames this winter, the news spread fast on Wall Street. An electric utility...
Maui Fire Officials Defend Response to Deadly Lahaina Blaze April 17, 2024 By Michelle Ma and Mark Chediak Maui Fire Department officials defended their initial response to what became the deadliest fire in Hawaii history, saying they stayed...
Hurricane-Force Winds Leave 150,000 Without Power in Colorado April 8, 2024 By Mark Chediak and Brian Eckhouse More than 150,000 Xcel Energy Inc. customers in Colorado are without electricity amid hurricane-force winds — and some may not...
Xcel Texas Wildfire Legal Reckoning to Take Years to Play Out March 12, 2024 By Mark Chediak and Rachel Graf (Xcel Energy Inc. will likely be wrangling for years with the legal fallout from the wildfires burning through the Texas...
Huge Texas Blaze Shows Power-Line Fires Are a Widespread Threat March 11, 2024 By Mark Chediak, Will Wade and David R. Baker Massive wildfires sparked by power lines used to be a California problem, one many utility executives considered safely confined to...
Huge Texas Blaze Shows Power-Line Fires Are a Widespread Threat March 8, 2024 By Mark Chediak, Will Wade and David R. Baker Massive wildfires sparked by power lines used to be a California problem, one many utility executives considered safely confined to...
Texas Fires Trigger Drop for Xcel With Law Firm Alleging Link March 1, 2024 By Mark Chediak and Josh Saul The worst-ever Texas wildfire sent shares of Xcel Energy Inc. plunging after a law firm said it might be linked...
PG&E to Pay $45M for Second-Largest California Wildfire October 12, 2023 By Mark Chediak PG&E Corp. will pay a $45 million penalty for its role in starting the second-largest wildfire in California history under...
Hawaii Electric’s Insurance is Fraction of Potential Fire Claims October 4, 2023 By Mark Chediak Nearly two months after the deadly Maui wildfires, Hawaiian Electric Co. revealed the limited scope of insurance coverage it holds...
Maui Fire Lays Bare Utility Missteps Mirrored Across the Country August 21, 2023 By Mark Chediak When flames ripped through the drought-parched town of Paradise in 2018, destroying homes and killing 85 in California’s deadliest-ever wildfire,...