For insurers, selling the claims, often at deep discounts, allows them to recoup at least some of the billions already paid to policyholders.

Southern California Edison, a subsidiary of Edison International, said it will seek funds "from various entities" to cover the estimated $860 million to $925 million cost, ...

PG&E’s job listings come on the heels of rising interest in security for executives after the CEO of insurance behemoth UnitedHealthcare was fatally shot in Manhattan in December.

Written by a former utility giant executive, AB 942 threatens affordable home construction and California’s reputation.