PG&E Corp. News

PG&E Gives Details on Tower Damage at Heart of California Fire Probe

PG&E Corp. revealed that on the day California’s deadliest and most destructive wildfire started, its workers saw damage and a fire near one of its transmission towers, which are the focus of investigations and a lawsuit as a possible ignition …

PG&E Sued for Ad Spending Instead of on Preventing Events Like the California Wildfire

PG&E Corp. was accused of putting its “reputation above public safety” in a lawsuit alleging that the power company spends too much on advertising and not enough on preventing devastating Northern California wildfires like the one that destroyed the town …

California Attorney General Brought into PG&E Wildfire Probe

California Attorney General Xavier Becerra was asked by a federal judge to weigh in on whether reckless operation of power lines by PG&E Corp. in connection with deadly Northern California wildfires would constitute a crime. The request by U.S. District …

Wildfire Relief for PG&E in California May Not Include Fix Utility Wants

PG&E Corp., suspected of starting California’s deadliest wildfire, may soon get help from state lawmakers – just not the help it most wants. As early as Dec. 3, a lawmaker plans to introduce a bill that would give the state’s …

PG&E’s $1.4B in Wildfire Insurance May Not Be Enough, But Was ‘Regular Amount’

PG&E Corp.’s $1.4 billion in wildfire insurance may not be enough to cover all its potential liabilities from the deadliest blaze in California history. But the company wasn’t necessarily skimping on coverage. That level of coverage is a “regular amount” …

Lawmaker in California Working on Fire Relief Legislation for PG&E

A bill that would help PG&E Corp. absorb liabilities from this year’s fatal wildfires in California is being drafted at the request of a state assemblyman who helped shepherd earlier legislation on the issue. Kellie Smith, an adviser to assemblyman …

PG&E’s Camp Wildfire Liabilities Could Exceed Renewed Insurance

Shares of utility PG&E Corp. fell 18 percent on Wednesday after the company warned of liquidity concerns if its equipment was found responsible for starting the Camp wildfire currently raging in California. The company said liabilities related to the wildfires …

Northern California’s Cascade Wildfire Tied to PG&E Equipment

PG&E Corp.-owned equipment caused the Cascade fire in Northern California last year, state investigators have determined. Sagging power lines were the ignition source of the blaze, the California Department of Forestry and Fire Prevention said in a statement. The Cascade …

California’s Governor: Insurance Fared Better in Wildfires Bill

California lawmakers didn’t go as far as Governor Jerry Brown wanted to address potential liabilities for utilities from wildfires, and the governor said that “it’s hard to say” if they ever would. Brown, citing longstanding practice, declined to say if …

California Lawmakers OK Bill to Help PG&E Pay for Wildfire Costs

California lawmakers passed legislation to help utility giant PG&E Corp. pay for billions of dollars in potential liabilities from wildfires that ravaged Northern California wine country last year. The state Assembly and Senate approved a wide-ranging plan Friday that includes …