2018 Camp Fire – Page 5 – California Globe

Bankruptcy Court Approves $24.5 Billion in PG&E Settlements

December 18, 2019 2:07 pmDecember 19, 2019 8:06 am

Two PG&E settlement deals worth a combined $24.5 billion to compensate wildfire victims and insurance companies was approved by a U.S. bankruptcy judge on Tuesday. After a long 5 hour hearing in San Francisco, Bankruptcy Judge Dennis Montali first approved...

Fire Policies Can No Longer Be Dropped By Insurance Companies In California

December 7, 2019 2:16 amDecember 6, 2019 8:00 pm

After years of rising numbers of wildfires and insurance claims against wildfires skyrocketing in California, the California Insurance Commission announced Thursday that homeowner policies will no longer be canceled in wildfire-affected areas. At an Oakland Hills news conference, California Insurance...