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If California electric utility PG&E is responsible for California's wildfires, it may not be able to afford the payouts it would owe.PG&E disclosed in a regulatory filing Tuesday that it "experienced an outage" on a transmission line in Butte County at 6:15 a.m. on November 8 -- just 15 minutes before the Camp Fire that has so far claimed 48 lives broke out.PG&E said the cause of the fire is still under investigation. But if its equipment is found to be responsible for it, PG&E "could be subject to significant liability in excess of insurance coverage" and that this could have "a material impact" on its financial results.The utility renewed its liability insurance coverage for wildfire events for an amount of approximately .4 billion that covers the period from August 1, 2018 through July 31, 2019, the company said in the SEC filing.But the fire is far from being under control, which means more damage is likely. PG&E said in the filing that the California Department of Forestry and Fire Protection estimates the fire won't be fully contained until November 30.The damages alone could cost up to .8 billion. according to a report from Moody's this week.PG&E may not have enough to cover the cost that, let alone any legal fees or fines it might have to pay. The utility said in its filing that it currently has .46 billion in cash after borrowing from an existing revolving credit line.Shares of PG&E (PCG) plunged more than 30% Wednesday following this disclosure and were briefly halted for volatility. The stock has now fallen by half since the Camp Fire began.The utility could need another bailout from the state of California if it's found to be liable for the Camp Fire.Governor Jerry Brown signed a bill in September that lets PG&E issue bonds backed by surcharges from the utility's customers. Those bonds would help pay for damages tied to deadly California wildfires in October 2017 caused by faulty PG&E equipment.The bill allows for the possibility that utilities could issue similar bonds for future fires, but that is not guaranteed.PG&E already faces one lawsuit on behalf of victims of the Camp Fire.A group of law firms that has dubbed itself the Northern California Fire Lawyers filed a suit Tuesday on behalf of Camp Fire survivors.The firms allege in the suit that "PG&E was negligent in failing to maintain its infrastructure and properly inspect and manage its power transmission lines." 2507

ICU capacity by region:? Bay Area: 13.7%? Greater Sacramento Region: 16.2%? Northern California: 28.7%? San Joaquin Valley: 0.0%? Southern California: 0.0%For more information, https://t.co/trkU09Qrni pic.twitter.com/2v4n9hiIY7— CA Public Health (@CAPublicHealth) December 21, 2020 295

IMPERIAL BEACH, Calif. (KGTV) - Police investigated Wednesday the discovery of a body at Border Field State Park in Imperial Beach.The remains were found about 11:15 a.m. at the beachfront park in South San Diego County.Details on the deceased person's identity, including gender and approximate age, were not immediately available, Lt. Michelle Craig said.There were no immediate indications of any suspicious circumstances related to the death.City News Service contributed to this report. 501

How a man who was discharged from the US Air Force for assaulting his spouse and child was able to purchase the firearms he used to carry out the deadliest shooting rampage in Texas history is just one of many questions facing investigators as they continue to look for answers on Sunday's church massacre that left 26 people dead.The House Armed Services chair called for oversight after the Air Force did not share information that would have stopped the shooter from buying a gun.   503

Hundreds gathered at a house party in Howell Township on Sunday, less than a week after New Jersey tightened indoor gathering restrictions because of an increase in the rate of coronavirus transmission.Local police asked for help from Wall, Brick, Jackson, Freehold, Monmouth, and Ocean County Sheriffs and State Police because of the large number of people at the party. There were about 300 people at the party."Most of the attendees are compliant," police said. "Others are hesitant and are directing their anger towards the host who charged admission."Police arrested the host."At one point, we probably had about 500 people here," said Howell Police Sgt. Christian Antunez. "When we got here there were party buses dropping people off."Police said there was admission to get in — for women and for men."Some paid up to 0 for a cabana rental," said Antunez.A flier advertising the pool party on Wilson Drive lists prices and a DJ."I was in disbelief," said Pam Borges, who struggled to get into her own neighborhood when police blocked off all the streets. "My neighbors were talking about them urinating on their cars."It took police two hours to break it up.On Monday, Gov. Phil Murphy attributed many coronavirus cases in the state to parties."We believe that some of this increase is attributable to the number of indoor house parties we’ve been seeing across the state. Indoor gatherings are not safe," he said.This story was originally reported by Aliza Chasan and Christie Duffy at WPIX. 1517

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