Geisha Williams, the Chief Executive Officer of Pacific Gas & Electric (PG&E), has resigned. The resignation comes as the company is facing potential losses in the billions of dollars due its alleged role in causing the deadliest wildfire in California history.
The cause of the Camp Fire, which killed 86 people and destroyed nearly 19,000 structures, is still under investigation. However, it appears that PG&E power lines may have contributed to the blaze.
According to the company, a PG&E employee discovered a damaged line shortly before the fire started. It is estimated that the company could face as much as $30 billion in total liability between the 2017 North Bay Fires and 2018 Camp Fire if it is found responsible.
The company has lost more than $16 billion in market value since October 2018.
Call Wildfire Recovery Attorneys as Soon as Possible
If you suffered losses due to the Camp Fire, it will be critically important that you get in touch with Wildfire Recovery Attorneys as soon as you can. Many people assume that their insurance policies provide adequate coverage for this type of tragedy. However, they often learn the hard way their policies do not cover them for the losses they suffer.
But Wildfire Recovery Attorneys may be able to help you obtain the compensation to which you may be entitled. We have a great deal of experience in these types of cases and will fight passionately to make sure your rights are protected.
Please contact us using our convenient online form or give us a call at 866-504-7321 to learn more.