PG&E Corp. is so cash-starved that it won’t commit to paying settlements reached with people who lost their homes in a 2015 wildfire caused by a tree falling on a power line. The disclosure by a lawyer for the utility …
PG&E Corp. tentatively lost a bid to inoculate itself from a finding of liability in a 2015 fire, a court decision that deals the company a potentially more serious setback in its strategy to shield itself from deeper losses in …
The Calaveras County Board of Supervisorssaid it will pursue all legal avenues and seek hundreds of millions of dollars in compensation from Pacific Gas and Electric Co. after a Cal Fire investigation determined the utility was guilty of causing the …
Two of the most destructive fires in California’s history, the Valley and Butte Fires, ravaged nearly 150,000 acres in Northern California last fall and caused an estimated $1 billion in insurance losses. The Valley fire pillaged 1,958 structures in Lake, …
A blaze in Northern California that killed two people, destroyed 475 homes and burned 110 square miles is spawning lawsuits against Pacific Gas and Electric Co. for allegedly failing to clear power lines. At least four major lawsuits have been …
Insurers handling wildfire damage from the Valley and Butte wildfires last month in Northern California has agreed to a claims handling process to help fire victims begin their recovery more quickly, Insurance Commissioner Dave Jones announced on Wednesday. More than …
A pair of massive California wildfires that have destroyed more than 2,000 structures are now considered among the most damaging fires in state history, and they could change the way insurers view risk or conduct underwriting in rural areas in …