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September 11, 2013

$565M settlement in deadly gas line blast

  • Eight people died in the 2010 explosion that destroyed 38 homes and laid waste to parts of a neighborhood in the Bay Area.
    • By SUDHIN THANAWALA
    Associated Press

    SAN FRANCISCO — Pacific Gas & Electric Co. expects to pay a total of $565 million in legal settlements and other claims from a deadly 2010 gas pipeline explosion in a San Francisco Bay Area suburb, the utility said.

    The figure includes $455 million that PG&E has already agreed to pay and $110 million it expects to pay in connection with recent settlements and remaining claims, PG&E said in a filing with federal regulators on Monday.


     
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