PG&E Misses 1Q Profit Estimates on Higher Expenses, LA Wildfire Worries Linger

Share!

Insurance Journal - Apr 24, 2025

PG&E Corp. missed first-quarter profit estimates on Thursday, as the power company was hurt by higher operating and interest expenses. Higher-for-longer interest rates push up borrowing costs for utility companies, which typically need more capital for expenses such as maintaining …...

Read Full Article

Recommended Articles

People Moves: The McGowan Companies Appoints Pitonyak as VP of National Programs

Posted: Nov 20, 2025

The McGowan Companies, headquartered in Fairview Park, Ohio, appointed Lauren Pitonyak as vice presi...

Texas Hemp Regulation Proceeds Despite Federal Restriction

Posted: Nov 20, 2025

The Texas Alcoholic Beverage Commission moved forward on Tuesday with its efforts to regulate the sa...

Louisiana Commissioner Approves Rate Decreases for About 12K Allstate Auto Policies

Posted: Nov 20, 2025

Approximately 12,000 Louisiana Allstate customers will soon see a decrease in their auto insurance p...