PG&E moving forward with $11 billion settlement with insurance companies over wildfire claims
Monday, September 23, 2019
SAN FRANCISCO -- PG&E is moving forward with an $11 billion settlement with insurance companies over wildfire claims.
RELATED: PG&E reaches settlement with insurers over NorCal wildfires
The utility company said the deal covers 85 percent of claims stemming from the 2017 North Bay Fires and last year's Camp Fire.
A US bankruptcy court overseeing the company's Chapter 11 case will need to approve the agreement.
See more stories and videos related to wildfires.
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