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

Man Sentenced for Flashing Three Insurance Agencies in Georgia

Posted: Dec 12, 2025

A man convicted of flashing workers at three insurance agencies in Warner Robins, Georgia, has been...

Black Lung Benefits Denied; Discrimination Claim Against UPS Shot Down by Court

Posted: Dec 12, 2025

A federal appeals court, one step below the U.S. Supreme Court, handed down two rulings in favor of...

NAIC Elects New Officers for 2026; Virginia’s White President

Posted: Dec 12, 2025

At the conclusion of its fall national meeting, the National Association of Insurance Commissioners...