PG&E Escapes Strict Wildfire Prevention Rules, Judge Decides

Natural disasters and homeowners insurance

PG&E must comply with existing wildfire prevention rules and its own plans to combat wildfires, a federal judge ruled Tuesday — but the embattled utility avoided severe new regulations that the company said would have cost up to $150 billion to obey. U.S. District Court Judge William Alsup did bar PG&E from issuing dividends to… Continue reading PG&E Escapes Strict Wildfire Prevention Rules, Judge Decides

PG&E Delayed Safety Work on Power Line That Is Prime Suspect in California Wildfire

Natural disasters and homeowners insurance

For five years, PG&E Corp. repeatedly delayed a safety overhaul of a century-old high-voltage transmission line that is a prime suspect behind the deadliest wildfire in California history. The company told federal regulators in 2013 it planned to replace many of the towers, wires and hardware pieces on the line, called the Caribou-Palermo, regulatory filings… Continue reading PG&E Delayed Safety Work on Power Line That Is Prime Suspect in California Wildfire