A new deal over the weekend on changes to California's wildfire liability system when an investor-owned utility company causes a catastrophic fire failed to quell market concerns about PG&E and Edison International.

Big California publicly-traded utilities said in a letter dated Monday that major state wildfire legislation on the floor of the Legislature and set for a deadline vote on Tuesday would lead to higher utility bills, less jobs and investment…

Big California publicly-traded utilities said in a letter dated Monday that major state wildfire legislation on the floor of the Legislature and set for a deadline vote on Tuesday would lead to higher utility bills, less jobs and investment…

California’s biggest utility was rocked Monday after lawmakers dealt Gov. Gavin Newsom a blow over a sweeping wildfire liability overhaul.

EIX stock plunged 23% as California’s SB 492 omitted wildfire liability protections, sparking sector-wide utility selloffs.

California bill keeps wildfire liability with utilities, widening PG&E and Edison bond spreads; downgrades possible as lawmakers reject Newsom's plan.

Deal manages liability cost impacts caused by California's rising wildfire threat.

Gov. Gavin Newsom has called on lawmakers to quickly revisit ways to strengthen an insurance fund. Executives say the new legislation falls short of giving them the certainty ...

Edison International shares collapsed more than 24% on Monday after California lawmakers advanced an amended wildfire bill that stripped out the…

If Edison International sparks a wildfire, it will have to pay for it.