Alexander Drew Napolin is an Accident Injury Lawyer in California. His practice focus is auto accident injury, workers' compensation, personal injury, wrongful death, and general negligence litigation.
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Utility PG&E Power Line Outage Sparks Serious Criticism
Alexander D. Napolin, Esq.
Utility PG&E Power Line Outage Sparks Serious Criticism After Incident Report Filed with the California Public Utilities Commission
Utility PG&E Power Line Outage Sparks Serious Criticism – PG&E admits that it could face massive financial liability in excess of its insurance policy limits in the event its equipment caused the Camp Fire. A spokesperson for PG&E said that the company is cooperating with any investigations. More details about the utilities involvement in the Camp Fire are published at Reuters.com.
PG&E Corp (PCG.N) is a publicly traded utility listed on the New York Stock Exchange. Under fears that the utility may go bankrupt should it be found liable, the company’s stock price plunged down 60%.