September 13, 2019 6:25 pm

PG&E Reaches $11B Deal With California Wildfire Insurers

Pacific Gas & Electric has agreed to pay $11 billion to a group of insurance companies representing claimants from deadly Northern California wildfires in 2017 and 2018 as the company tries to emerge from bankruptcy, the utility announced Friday. Jaxon Van Derbeken reports.

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