Tuesday, September 10, 2013

Utility: Claims from California gas line blast $565 million | abc7news.com

Utility: Claims from California gas line blast $565 million | abc7news.com: "SAN FRANCISCO -- Pacific Gas & Electric Co. says it expects to pay a total of $565 million in legal settlements and other claims from a deadly 2010 gas pipeline explosion in a San Francisco Bay Area suburb.

The utility released the figure in a filing with federal regulators on Monday. It includes $455 million that PG&E has already agreed to pay and $110 million it expects to pay in connection with recent settlements and claims.

PG&E spokeswoman Brittany Chord says the company reached settlements with nearly 350 blast victims on Friday and Monday. It had previously reached settlements with about 150 people. Only two plaintiffs' cases remain."

'via Blog this'

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