short of mounting claims.
>>> abc 7 reporter david louie
on pg&e's financial crisis.
>> reporter: a cloud of
uncertainty over pg&e.
questions persist whether its
power lines are causing the
state's catastrophic wild land
fires, whether vegetation is
being properly managed and what
role lawmakers, the state public
utilities commission and pg&e
play in addressing the issues n.
a filing with the securities and
exchange commission, pg&e says
its insurance coverage doesn't
begin to cover existing and
future claims.
after borrowing $3 billion, it
has $3.4 billion in cash on hand
and $1.4 billion in insurance
coverage.
that's still $5 billion short of
the $10 billion in claims
already filed in connection with
last year's wild land fires.
that doesn't even include the
potential for claims for the
camp fire.
in a statement today, pg&e said,
quote, we are aware of lawsuits
regarding the camp fire.
because the cause of the fire