PG&E in California Files for Bankruptcy in Wake of Wildfire Liabilities

Power provider PG&E Corp. filed for voluntary Chapter 11 bankruptcy protection on Tuesday, succumbing to liabilities stemming from wildfires in Northern California in 2017 and 2018. The owner of the biggest U.S. power utility has filed a motion seeking court …

from News – Insurance Journal http://bit.ly/2HEG1pA
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