Pacific Gas & Electric (PG&E) is setting up a $100 million compensation fund for victims of the catastrophic fire that devastated part of San Bruno. According to The Wall Street Journal, PG&E says the relief fund will be used to cover any expenses not covered by insurance of residents whose property was damaged by the fires. The funds will also pay for the rebuilding or replacing of public property damaged or destroyed in the accident and for certain costs incurred by emergency responders and government services. The company said it will provide payments of $15,000, $25,000, or $50,000 per household depending on the extent of damage incurred, and that residents that accept such payments won’t be asked to waive any potential claims against the company.
The relief fund, however, is not intended to pay for personal injury or wrongful death claims–those will be dealt with separately. According to the San Francisco Chronicle, PG&E is suggesting customers pay the bill of any future disaster. Regulators, are considering a proposal backed by PG&E that would require customers to pay all costs of future catastrophic fires which exceed a utility company’s insurance policy. PG&E said it expects to have most of the costs’ related to the recent explosion in san Bruno covered, but if the new proposal is passed, customers are likely to see a hike in rates further down the line. Under current rules, utilities in California can seek a rate increase if the costs of a disaster exceed their insurance coverage; yet, the Public Utility Commission can veto the request and force utility shareholders to pay the bill.
In order to protect their rights, residents of San Bruno and those affected by this PG&E gas line explosion should seek representation from lawyers who specialize in representing victims of fire damage. The Brod Law Firm has successfully prosecuted explosion and fires claims against PG&E under similar circumstances in the past and has represented individuals and families injured in fires for more than 10 years. Brod Law Firm will represent individuals and families in claims or injury and property loss resulting from the PG&E gas line explosion. Whether you have been injured, have sustained the loss of a family member, your home, your possessions or were injured in the San Bruno PG&E gas line explosion, our firm is here to help. If you have questions about any fire burn injury lawsuit or property claim, please call us.