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PG&E wildfire victims will soon be able to get a larger share of what is owed to them, thanks to a recent influx of $1 billion into the victim compensation...

After years of deadly fires, PG&E again vows to do better By MICHAEL LIEDTKE, AP Business Writer Published: July 2, 2021, 5:35pm Share: 5 Photos Will Abrams walks on the lot of his family home that was destroyed by wildfires in 2017 while interviewed in Santa Rosa, Calif., Thursday, June 24, 2021. Pacific Gas & Electric's CEO is pledging that the future will get "easier" and "brighter." But those words are ringing hollow one year after PG&E emerged from a complex bankruptcy triggered by a succession of harrowing wildfires ignited by its long-neglected electrical grid. (AP ...

Updated 2 hours ago Getty Images Federal officials on Tuesday cited newly filed criminal charges against PG&E in the 2019 Kincade Fire as a basis to find the company has violated the terms of its probation over the San Bruno gas explosion. In a court summons issued to the utility Tuesday, U.S. Probation Officer Jennifer Hutchings declared "there is probable cause to believe that the company under probation violated the general condition of probation that they not commit another federal, state or local crime." Download our mobile app for iOS or Android to get the latest breaking news and loca...

FAIRFIELD-SUISUN, CALIFORNIA PG&E settlement fund $1 billion short for California wildfire victims, trust’s leader warns [The Sacramento Bee] Jan. 29—The trust established by PG&E Corp. to pay California wildfire victims is “more than $1 billion short” of what’s needed to pay anticipated claims, the trust’s overseer said. In a letter to victims filed Tuesday in U.S. Bankruptcy Court, the head of the Fire Victim Trust said the shortfall is the result of a downturn in PG&E’s stock price, which makes up about half of the settlement fund. “To date, with the stock at its present va...