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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
In a private Instagram group chat, confessed school shooter Nikolas Cruz repeatedly espoused racist, homophobic and anti-Semitic views and displayed an obsession with violence and guns.Wednesday, 19-year-old Cruz opened fire at the school that expelled him, Marjory Stoneman Douglas High School in Parkland, Florida. Authorities say he killed 17 with his legally purchased AR-15.CNN, investigating comments the shooter may have left on a now-deleted YouTube channel, was added to the private Instagram group by one of the active members in it. The responding group members, who appear to be younger than 18, have refused to confirm their identities to CNN on or off the record.When asked for comment or whether they knew about the private chat group, the FBI directed CNN to the Broward County Sheriff's Office.Most of the conversation in the group since Cruz joined around August 2017 is between six people -- including Cruz."I hate jews, ni*****, immigrants" 968
IMPERIAL BEACH, Calif (KGTV) -- A San Diego Cal Fire Firefighter kicked off his "Ride into the Light" on the first day of the year, to honor his fallen colleague Cory Iverson. Iverson died in December 2017 while battling the Thomas Fire in Ventura County. RELATED: Cal Fire San Diego firefighter Cory Iverson dies battling Thomas FireFirefighter Thomas Pittman took off from Imperial Beach early New Years Day and will ride to Jacksonville Beach, Florida. The cross-country ride last 31 days. Pittman organized the ride to raise money for the Iverson Foundation for Active Awareness (IFAA). The foundation was started by Cory's wife, Ashley, to provide peer support and mental health programs for emergency fiirst responders. RELATED: Ashley Iverson speaks out about her husband's death in Thomas FirePittman's ride will take him through eight states for a total of ,426. His goal is to raise one dollar for every mile for the foundation. If you'd like to donate to his ride click here. 998
If you’re among the 40 million people online looking for love, you know it can be tough finding the perfect match. It might be your fault, but one little change could send you down the aisle. The problem? You may be dating out of your league. A new study found that users who messaged people out of their league typically waited a lot longer to get a reply back or even get a reply at all. "A lot of people try to date out of their league, and they use that terminology," says Chief love officer Michelle Frankel, with New York City Matchmaking. "But it may not result in the end relationship they are looking for; but it might not even be what they perceive it to be." According to Urban Dictionary, dating out of your league simply means you’ve got no shot. However, Frankel says that’s not true all the time. For example, look at Christie Brinkley and Billy Joel, back in the 1980's.Frankel says dating up like Billy Joel did can work, but it can’t be based on looks alone. “Look what he brought to the table," explains Frankel. "Clearly he was financially set at the time and also he had so much unique talent." If you date out of your league simply to find someone better looking than you, Frankel says good luck finding a match. "That's not a recipe for a lasting relationship in and of itself. There has to be more compatibility, shared values, same interests and both going in the same direction." Whether you are dating online or in person, Frankel says to stop trying to find your Disney movie moment. "You are never going to find perfection; it doesn't exist," Frankel says. 1707
HOUSTON (AP) — The Supreme Court has rejected a lawsuit backed by President Donald Trump to overturn Joe Biden's election victory, ending a desperate attempt to get legal issues rejected by state and federal judges before the nation's highest court. The court's order Friday was its second this week rebuffing Republican requests that it get involved in the 2020 election outcome. In a blog post, Justices Samuel Alito and Clarence Thomas said that Texas "has not demonstrated a judicially cognizable interest in the manner in which another State conducts its elections." "We do not have the discretion to deny the filing of a bill of complaint in a case that falls within our original jurisdiction," the justices said in the brief.According to a press release from the Republican Party of Texas, which was obtained by ABC News' Adam Kelsey, the decision by the justices would have huge ramifications that would possibly see law-abiding states banding together to form a Union of states that will abide by the constitution. 1031