Pacific Gas and Electric – blamed for starting some of California’s deadliest and most destructive wildfires in recent years – reaches an agreement with thousands of victims – many of whom lost their homes in fires. It is a massive settlement figure – 13 and a half billion dollars ending years of fights between victims and PG&E over large and deadly wildfires. It will eventually mean money for victims who have to apply to get funds. Many of the victims lost their homes to fires. PG&E has been blamed for numerous wildfires here in California and is in bankruptcy because of it. This new agreement is PG&E third recently. It’s already agreed to pay out one billion to cities and counties and 11 billion to insurance companies.
