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ADDS claims details Pacific Gas and Electric, a bankrupt American company, announced Friday that it has reached an $ 11 billion deal with insurance companies following the deadly fires in California last year. imputed to defective power lines.
The San Francisco-based company said the settlement would resolve insurance claims stemming from the 2018 fire in northern California – the deadliest modern day modern state – that cost the lives to 86 people.
"Today's by-law is another step in achieving what is right for the communities, businesses and people affected by the devastating wildfires," said PG & E Chief Bill Johnson, in a statement. communicated.
The fire ravaged more than 60,000 hectares of land and destroyed nearly 19,000 homes and other structures, devastating the small town of Paradise.
PG & E acknowledged that its equipment was at the origin of the disaster and filed for bankruptcy protection in January.
Johnson took over the reins in April.
Claims cover claims based on payments made by insurance companies to individuals and companies with insurance coverage for forest fire damage.
The settlement is part of the bankruptcy reorganization plan, and the company said it would continue to work with the remaining people to "fairly" settle their claims.
In June, the company entered into a $ 1 billion settlement with local governments and agencies.
"As we work to resolve the remaining claims of those who have suffered, we are also focused on delivering energy to our customers in a safe and reliable manner, improving our systems and infrastructure, and pursuing California's clean energy goals, "said Johnson.
The company's share price jumped 7.5% at the start of the New York negotiations. hs / bgs © Agence France-Presse
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