Jerrod
Well-Known Member
- Joined
- Oct 28, 2016
- Messages
- 427
- Reaction score
- 2,363
"Shares of PG&E Corp. (PCG) fell more than 10% on Friday after the company acknowledged that it may face some liability stemming from the California wildfires. PG&E has about $800 million in liability insurance for potential losses that may result from these fires. If the amount of insurance is insufficient to cover (PG&E's) liability, or if insurance is otherwise unavailable, PG&E Corporation's financial condition or results of operations could be materially affected."
http://www.marketwatch.com/story/pge-shares-down-10-after-california-wildfire-liability-warning-2017-10-13?siteid=yhoof2&yptr=yahoo
http://www.marketwatch.com/story/pge-shares-down-10-after-california-wildfire-liability-warning-2017-10-13?siteid=yhoof2&yptr=yahoo