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: Everest Appoints Busti From AXIS as Head of North America Treaty Re; AXA XL Taps Lockton’s Reynolds as Head of Marine, UK & Lloyd’s, Global CUO for Hull

Posted: Mar 26, 2026

This edition of International People Moves details appointments at Everest Group and AXA XL. A summa...

Read Article

Michigan Woman Pleads Guilty in Beauty Store Theft Ring

Posted: Mar 26, 2026

A Michigan woman pled guilty to organizing a high-volume theft ring targeting Ulta Beauty stores in...

Read Article

Texas Man Gets Life After Investigation Finds Arson Used to Cover Murder

Posted: Mar 26, 2026

A Texas State Fire Marshal’s Office (SFMO) investigation helped lead to a lifetime prison sent...

Read Article