Edited Date/Time:
Ten million California gas and electric customers now on the hook- big contractors not paid, wildfire victims, utility pensioners likely taking a hit.
A bad situation in general. All because of wildfires- costing not just PG&E but the other utilities billions of dollars. The way California insurance law works, they are liable even if not negligent. The big players with billions or hundreds of millions into the company will be the first to go for the chum:
https://www.nytimes.com/2019/01/29/business/energy-environment/pge-file-bankruptcy.html