PG&E faces soaring insurance costs, leadership changes in rest of 2020

Utility Dive: PG&E emerged from bankruptcy on July 1, after a complicated Chapter 11 reorganization process that continued for more than a year. The utility negotiated a $25.5 billion payout to settle its liabilities from a series of wildfires that its power lines sparked in Northern California.

The company’s earnings report on Thursday marks a milestone, Smith said.

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