News

State panel urges lawmakers to push back against profiteers in Eaton fire
Hedge fund operators are buying insurance claims in an attempt to potentially profit from the $21 billion fund.
'Families Are Right to Be Skeptical': Edison Announces Creation of Compensation Fund for Eaton Fire Victims in Wake of Litigation
Lawyers at the California Fire Victims Law Center argue that the fund is designed to minimize payouts for those impacted by ...
U.S. News & World Report5mon
California Wildfire Fund May Shield Edison Balance Sheet From Fire ...
The California Wildfire Fund, which allows the state's utilities to recover some wildfire-related claims payments, has $21 billion and has been largely untapped by investor-owned utilities like ...
The Press Democrat2d
Southern California Edison says it will create an Eaton Fire ‘compensation program.’ Survivors are skeptical
The Eaton Fire’s cause is still under investigation, but Southern California Edison is planning to launch a fund to ...
East Bay Times4mon
Eaton fire could be first big test for California wildfire fund created ...
California’s Wildfire Fund, a state pool created six years ago to keep utilities out of bankruptcy if they are found responsible for massive property losses, could be headed into uncharted ...
The Desert Review3d
Fire relief fund could go up in smoke
The nine-member California Catastrophe Response Council — which includes Gov. Gavin Newsom, as well as the state’s treasurer ...
New remains bring California wildfire toll to 31
This yet-to-be-identified person has since been added to L.A. County’s ongoing list of victims from January’s wildfires. The ...
LA Wildfire Insurance Cost-Shifting Suit Is Trimmed, Proceeds
A trimmed version of a lawsuit against California’s insurance commissioner over hundreds of millions of dollars in costs ...