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

Markets/Coverages: Mosaic Raises Cyber Capacity to US$25M in Canadian Market

Posted: Dec 23, 2025

Mosaic Insurance will increase its cyber-risk capacity to US$25 million/C$40 million per risk in Can...

Hawaii Building Fires Are on the Rise and Safety Inspections Aren’t Keeping Up

Posted: Dec 23, 2025

Regular inspections of hotels and other accommodations required by the state of Hawaii are being inc...

Breaking: Senators Launch Probe Into Demotech’s Ratings in Florida

Posted: Dec 23, 2025

Three US senators opened an inquiry into insurance ratings firm Demotech and whether its assessments...