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

Loss Trends Outpacing Pricing Assumptions: Other Liability Analysis

Posted: Mar 24, 2026

The U.S. insurance industry saw $7.3 billion of adverse loss development in the other liability (occ...

Trump’s Demand for Admissions Data Sends Wary Colleges Scrambling

Posted: Mar 24, 2026

Colleges are racing to comply with President Donald Trump’s demand for sweeping admissions dat...

NY Lawmakers Urged to Have Faith in Auto Insurance Reform Numbers. But Do They?

Posted: Mar 24, 2026

New York small businesses, big businesses, rideshare companies, police and fire unions, insurers, in...