Civil Plaintiff

PG&E Agrees to a $43.4 Million Settlement Over California Wildfires

PG&E Corp. agreed Wednesday to pay $43.4 million to settle claims filed by local governments over a 2019 wildfire that ravaged California’s wine country and a deadly fire last year in Shasta County.

The settlement resolves claims by cities and counties from the damages wrought by the Kincade Fire, which forced the evacuation of nearly 190,000 residents of Sonoma County, and the Zogg Fire west of Redding, which killed four people.

But PG&E is still on the hook for an estimated $600 million in claims that could be filed by property owners and other victims of the two wildfires. PG&E also faces criminal charges filed by the Sonoma County district attorney in the Kincade Fire and is under investigation by prosecutors in Shasta County.

Read the source article at sacbee.com

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