In a major development in the utility's efforts to exit bankruptcy, PG&E and a group of insurance companies announced Friday that they have settled claims for $11 billion arising from the 2017 and 2018 California wildfires. The settlement is subject to approval by the federal bankruptcy court overseeing the utility’s reorganization.
PG&E Agrees to $11 Billion Wildfire Insurance Settlement
Marisa Lagos, politics correspondent, KQED; co-host, KQED's "Political Breakdown" podcast
Michael Wara, director, Climate and Energy Policy Program at Stanford University’s Woods Institute for the Environment