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PG&E reaches $11 billion deal with Northern California wildfire insurers

Video Credit: 23ABC News | Bakersfield - Duration: 00:46s - Published < > Embed
PG&E reaches $11 billion deal with Northern California wildfire insurers

PG&E reaches $11 billion deal with Northern California wildfire insurers

Pacific Gas & Electric has agreed to pay $11 billion to a group of insurance companies representing claimants from deadly Northern California wildfires in 2017 and 2018 as the company tries to emerge from bankruptcy, the utility announced Friday.

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