PG&E Isn’t Alone in Facing Liability Risk Over California Fires

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PG&E Isn’t Alone in Facing Liability Risk Over California Fires
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PG&E isn’t the only California utility facing liability risks because of fires sparked by its equipment, as disclosures this week by two of the state’s other top utilities show

PG&E Corp. isn’t the only California utility facing liability risks because of fires sparked by its equipment, as disclosures this week by two of the state’s other top utilities show.

Shares of Edison International fell almost 5% Wednesday a day after it reported that its Southern California Edison arm likely sparked the 2018 Woolsey Fire, which burned nearly 97,000 acres in suburban Los Angeles and killed three people.

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