Second-Largest Blaze Ever to Test Limits of California Fund (2)

Aug. 11, 2021, 2:00 AM UTC

The multibillion-dollar fund that California established two years ago to keep its utilities from ever going bankrupt again because of a catastrophic wildfire may face its first big test.

The second-largest blaze in the state’s history -- known as the Dixie Fire -- is still raging across Northern California more than three weeks after a PG&E Corp. troubleman discovered a fire at the base of a tree leaning on the utility’s power line near the start of the conflagration. The company said it found no problems with the power line or tree during recent inspections. The cause of the ...

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