August 27, 2018
California lawmakers outlined a proposal to help PG&E Corp. and other utilities cope with billions of dollars of potential damages from deadly wildfires that ravaged the state last year. SANTA ROSA, CA, Coffey Park in Santa Rosa, California, where wildfires …
July 26, 2018
California utility giants PG&E Corp. and Edison International are one step closer to changing a state law that has exposed them to billions of dollars in wildfire liabilities. Late Tuesday, California Governor Jerry Brown proposed a bill that would require …
July 25, 2018
Shares of California utility owners PG&E Corp., Edison International and Sempra Energy climbed after Governor Jerry Brown indicated that utilities shouldn’t be responsible for future wildfire damages without considering whether they acted “reasonably.” The proposal wouldn’t affect the billions of …
July 9, 2018
California lawmakers may change the standard for determining whether utilities are liable for wildfire damage following the worst wildfire season in state history. Gov. Jerry Brown and legislative leaders said on July 2 that they are forming a special committee …
June 27, 2018
Thousands were forced to flee their homes Monday as major wildfires encroached on a charred area of Northern California still recovering from severe blazes in recent years, sparking concern the state may be in for another destructive series of wildfires …
January 30, 2018
Losses from the Thomas Fire in Southern California are expected to fall between $1 billion and $2.5 billion, a catastrophe modeling firm said on Tuesday. The Thomas Fire, which raged across Southern California’s Ventura and Santa Barbara counties throughout most …
December 8, 2017
More than $9 billion in insurance claims have been filed following wildfires that ravaged Northern California two months ago, the state’s top insurance regulator said Wednesday. The figure represents residential, commercial, automobile and other property claims filed with 260 insurers …
November 7, 2017
California Gov. Jerry Brown and lawmakers asked the U.S. government Friday for $7.4 billion to help rebuild after a cluster of fires tore through the heart of wine country, killing more than 40 people and leaving thousands without housing. In …
November 6, 2017
The most destructive complex of wildfires in California history wreaked most of its damage and deaths among housing subdivisions in this San Francisco Bay Area bedroom town, leaving survivors with little but white ash and hard choices: Rebuild quickly as …
October 30, 2017
It will take at least months and likely years to fully recover from devastating wildfires that ripped through Northern California earlier this month, destroying at least 8,900 structures and killing 42 people, Sonoma County officials said Saturday. “We don’t control …