PG&E settles California fire claims with local governments for $1 billion

June 19, 2019 admin Business News Comments Off on PG&E settles California fire claims with local governments for $1 billion

PG&E Corp will pay $1 billion as part of its bankruptcy reorganization to more than a dozen local governments in California struck by wildfires in recent years, the company and lawyers for the governments said on Tuesday.

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Source:: Reuters – Business News