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: Jan 29, 2026
Arch Insurance International (Arch) announced the launch of its event cancellation cyber coverage, w...
Posted: Jan 29, 2026
The United States is handing over to Venezuela a tanker that it seized this month, two U.S. official...
Posted: Jan 29, 2026
Australia hit a new clean energy milestone during the December quarter, even as power demand rose ov...