California Weighs Catastrophic Wildfire Fund as Way to Protect Utilities April 5, 2019 By Jim Sams Creation of a catastrophic wildfire risk pool is emerging as the most likely option as California lawmakers seek to protect...
Another California Utility One Wildfire Away From Ruin February 11, 2019 By David R. Baker The warning couldn’t have been clearer. As PG&E Corp. plunged into bankruptcy last month, S&P Global Ratings slashed credit grades...
PG&E Restructuring Highlights California’s Inverse Condemnation Rule January 15, 2019 By Jessica DiNapoli, Mike Spector and Scott DiSavino PG&E Corp.’s chances of emerging from bankruptcy proceedings hinge in part on an arcane California legal rule that threatens to...
Bill to Give PG&E Relief from California Wildfire Burden Nears, But Long-Term Fix Elusive November 27, 2018 By David R. Baker and Romy Varghese PG&E Corp., suspected of starting California’s deadliest wildfire, may soon get help from state lawmakers – just not the help...
California Utilities Face Potential of Billion Dollar Wildfires Year After Year November 13, 2018 By David R. Baker California utilities are facing the very real possibility that billion-dollar blazes could become an annual occurrence, and they don’t know...
Report Blames PG&E Power Lines for 4 of Northern California Wildfires May 28, 2018 By Mark Chediak PG&E Corp.’s equipment was responsible for causing four of the smaller wildfires that tore through Northern California last year, according...