PG&E Misses 1Q Profit Estimates on Higher Expenses, LA Wildfire Worries Linger
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 …...
Recommended Articles
Posted: Mar 18, 2026
The cyber insurance market is experiencing a fascinating paradox. Small business owners are increasi...
Posted: Mar 18, 2026
A building where explosives were manufactured in Tennessee was not outfitted with a sprinkler system...
Posted: Mar 18, 2026
AM Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term...