Pacific Gas & Electric agreed Friday to pay $13.5 billion in damages to victims of four California wildfires that occurred between 2015 and 2018. If accepted by a bankruptcy judge, the settlement will go to people who lost loved ones, property, or both, as well as government agencies and attorneys who pressed the claims. Some of the blame for the fires has been directed at faulty or aging PG&E equipment. The settlement comes after the company agreed to a $1 billion deal with cities, counties, and other public entities, as well as an $11 billion agreement with insurers and others covering claims for wildfires in 2017 and 2018. Victims seeking compensation will have until the end of the year to file claims.
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