Does PIE&G have any insurance that will cover these losses? If not, why not?

No. The cost of insurance to cover our electric infrastructure is estimated at $2-3 million per year.  Our average storm recovery cost is $500k per year, with the most expensive storm at $1.3 million. As a not-for-profit, the cost of this insurance would have to be recovered by our rates and would require about $8/month per member indefinitely. For any regular storm over the last 87 years, this insurance premium would immediately be a loss to the membership. In the event of a 100-year, catastrophic storm like the one we just experienced, it is generally expected that FEMA will reimburse some or all of the recovery costs, mitigating the need and financial sense of carrying insurance on our poles and wires. Our buildings and vehicles are insured, but not our electric infrastructure for the reasons stated above.