Two settlements have received approval, one for the victims of the wildfires and one for insurance companies. A San Francisco federal bankruptcy judge has approved two settlements from Pacific Gas and Electric Corp. for its role in the 2018 wildfires in Northern California. The two settlements total $24.5 billion and acknowledge PG&E equipment sparked several fires. The two settlements from Pacific Gas and Electric Corp are for the victims of the fires that devastated regions throughout Northern California, as well as the insurance companies that were required to pay wildfire…
Read MoreJudge gives the nod to Pacific Gas and Electric $24.5 billion plan
