Pacific Gas & Electric's creditors have proposed a billion plan to emerge from bankruptcy, while Gov. Gavin Newsom has proposed a billion utility wildfire insurance fund.

Pacific Gas & Electric's creditors have proposed a billion plan to emerge from bankruptcy, while Gov. Gavin Newsom has proposed a billion utility wildfire insurance fund.: The steps needed to pull PG&E out of bankruptcy and backstop California’s utilities from future wildfire liabilities are beginning to come into focus.