Pacific Gas & Electric Corp. News

Insurance Journal’s Top 10 West Region Stories of 2019

California wildfires dominated the news in Insurance Journal’s Western region in 2019, despite it being a quiet year relative to two consecutive years of deadly blazes that came before. Three of the year’s top 10 most read stories on IJ …

Insurance Department: Claims from Deadly California Wildfires Top $12B

Insurance claims have topped $12 billion for the November wildfires in California, making them the most expensive in state history. The figure released on May 8 by Insurance Commissioner Ricardo Lara covers the fire that largely destroyed the town of …

PG&E Asks California for Higher Rates to Pay for Wildfire Safety, Profits

California utility Pacific Gas & Electric Corp. is asking state regulators for another increase in rates and profits, saying it’s needed for wildfire safety and to attract investment as the utility goes through bankruptcy. The Sacramento Bee reported that the …

California Regulators Skeptical of PG&E’s Promise to Improve Safety

California regulators expressed skepticism that Pacific Gas & Electric Corp.’s new leaders have enough professional experience to instill the deep corporate culture of safety they say the company has lacked. The utility has been blamed for more than a dozen …