Industry Representative Puts Fire Insurance Availability at Feet of Commissioner December 6, 2019 By Don Jergler California Insurance Commissioner Ricardo Lara will have to choose whether he wants insurers to charge higher rates or to stop...
California Commissioner Calls for Statewide Non-Renewal Moratorium, More Measures to Protect Wildfire Victims December 5, 2019 By Don Jergler California Insurance Commissioner Ricardo Lara on Thursday issued a mandatory one-year moratorium on insurance companies non-renewing policyholders, a move he...
PG&E Nearing $13.5B Deal With California Wildfire Victims December 5, 2019 Bankrupt California power producer PG&E Corp. is close to finalizing terms for a $13.5 billion payout to victims of wildfires...
Probe Finds PG&E Failed to Inspect Transmission Lines That Caused 2018 Wildfire December 3, 2019 By Kanishka Singh Bankrupt California power producer PG&E Corp. did not properly inspect and replace transmission lines before a faulty wire sparked a...
Some Changes to California’s FAIR Plan Could Go into Effect Early Next Year December 2, 2019 By Don Jergler Note: This has been updated with FAIR Plan comments below. Changes to the insurance plan offered by California’s property insurer...
PG&E Says Blackouts Limited California Fires Despite One Likely Failure December 2, 2019 By Don Thompson The nation’s largest utility said Friday that its distribution lines haven’t sparked any major wildfires since it began shutting off...
Wildfire Crisis is Roiling California’s Insurance Market November 27, 2019 By Katherine Chiglinsky, Prashant Gopal and Noah Buhayar Lauris Bye, a homebuilding industry veteran who moved to Southern California’s wildfire-prone hills decades ago, felt confident about the newly...
California Faces Decade of Unique Wildfire Blackouts November 25, 2019 By Andrew Hay California utility PG&E Corp. has imposed 10 intentional blackouts this year to reduce risks its power infrastructure could spark wildfires...
Housing Crunch in California’s Pushing Developers Deeper into Wildfire Zones November 25, 2019 By Prashant Gopal and Noah Buhayar The Santa Ana winds were blowing as Greg Medeiros ducked behind his Chevy Tahoe on a remote hillside 25 miles...
PG&E Cuts Power to 50K California Homes And Businesses During Wildfire Risk November 21, 2019 By Maria Caspani and Andrew Hay About 50,000 homes and businesses across Northern California were without power on Wednesday during the latest planned outage instituted by...