A $117 million settlement has been reached with former PG&E Corp executives and directors who were accused in a lawsuit of lax oversight of the utility's safety measures prior to the 2017 North Bay and 2018 Camp wildfires.
The settlement was announced on Thursday by the PG&E Fire Victim Trust, which compensates victims of fires that the parent of Pacific Gas & Electric started between 2015 and 2018.
The North Bay fires, sometimes called the Wine Country fires, broke out in October 2017 in Napa, Sonoma and nearby counties. They caused at least 44 deaths, burned more than 245,000 acres, and damaged or destroyed many wineries.
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