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

White House Plan Targets Florida, West for Coastal Oil Drilling

Posted: Nov 21, 2025

The Trump administration is proposing to open new areas off of California, Florida and Alaska to cru...

UPS Plane That Crashed Had ‘Fatigue Cracks’ in Engine Mount, Preliminary Report Finds

Posted: Nov 21, 2025

The United Parcel Service Inc. freighter that crashed this month when the left engine detached just...

People: Alliant Adds Simokonis to Florida Team, Sunstar Names Romero CAO

Posted: Nov 21, 2025

Alliant Insurance Services, headquartered in Irvine, California, hired Tim Simokonis as senior vice...