‘Buffett Got it Wrong’ on California Fire Risk: PG&E CEO April 29, 2024 By Mark Chediak Warren Buffett’s warning that wildfires have turned utilities across the western US into risky investments is mistaken — at least...
California Utilities Regulator Okays $45 Million Penalty for PG&E Over 2021 Dixie Fire January 30, 2024 By Rahul Paswan The California Public Utilities Commission (CPUC) approved a $45 million settlement agreement between its Safety and Enforcement Division (SED) and...
PG&E Pledges $18 Billion to Cut Wildfire Risk in California March 30, 2023 By Mark Chediak PG&E Corp. plans to invest $18 billion in wildfire prevention through 2025 following back-to-back seasons of devastating blazes linked to...
Power Cuts Begin in California as Winds Threaten to Spark Fires December 2, 2020 By Mark Chediak and David R. Baker Power shutoffs that could ultimately affect more than 1 million people in Southern California began Wednesday morning as high winds...
PG&E Fire Victims Again Seek Payout Guarantee Amid Virus Tumult April 17, 2020 By Joel Rosenblatt and Mark Chediak Victims counting on PG&E Corp.’s bankruptcy to compensate them for their losses in California wildfires are making a last-ditch effort...
Judge Refuses to Approve Fire Victims Letter Attacking PG&E April 9, 2020 By Michael Liedtke BERKELEY, Calif. — A federal judge has refused to put his stamp of approval on a letter to Northern California...
PG&E Plan Has Broad Support From Fire Victims, Lawyers Say April 6, 2020 By Scott Deveau Lawyers for more than half the wildfire victims who negotiated a $13.5 billion settlement with PG&E Corp. say their clients...
PG&E Strikes Deal With FEMA Over $3.9 Billion in Fire Claims March 11, 2020 By Mark Chediak and Steven Church PG&E Corp. reached a deal with the U.S. Federal Emergency Management Agency over $3.9 billion in relief Washington provided after...
PG&E Settles Wildfire Claims with Insurers for $11 Billion September 16, 2019 By Arundhati Sarkar PG&E Corp said on Friday it has reached an $11 billion settlement to resolve most claims by insurance carriers related...
PG&E’s Plan to Cap Fire Liabilities at $18 Billion Draws Ire September 10, 2019 California utility giant PG&E Corp. has issued its long-awaited plan for emerging from the largest utility bankruptcy in U.S. history:...