PG&E jolted by wildfire lawsuit from dozens of insurance companies
The litigation seeks monetary compensation for wrongful deaths, property damage and unspecified personal injuries suffered by insurance company customers in connection with the blazes.
"Certainly this is an additional cause for uncertainty hanging over
An estimated 172 fires were reported at the outset of the October blazes, which were among the most destructive in
The insurance-related costs from the infernos are now estimated to be at least
"We are aware that lawsuits have been filed," said
The insurance companies that filed the litigation are authorized under the policies they issue to use lawsuits to seek recovery of payouts they made to their customers.
"Plaintiffs may seek liability discovery concerning the origin and cause of each of the
"
Prior to the fires,
"Nothing is more important to us than the safety and well-being of our customers and communities we serve," Vanrenen said. "Our thoughts are with everyone impacted by these devastating wildfires. We're focused on doing everything we can to help these communities rebuild and recover."
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