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Utility Paying $2B Settlement in Deadly 2018 California Fire


Utility Paying $2B Settlement in Deadly 2018 California Fire
January 27, 2021
Southern California Edison will pay $2.2 billion to settle insurance claims from a deadly, destructive wildfire sparked by its equipment in 2018, the utility announced this week.
Edison, which acknowledged no wrongdoing, said the agreement covers all claims in pending lawsuits from insurance companies related to the Woolsey fire, which blackened 151 square miles of Los Angeles and Ventura counties. Three people died in the November 2018 fire, and more than 1,600 homes and other buildings were destroyed.
In addition, Edison said it has finalized settlements from the December 2017 Thomas fire and mudslides a month later on land that burned. ....

United States , Ventura County , Los Angeles , Pedro Pizarro , Craig Simon , Southern California Edison , Pacific Gas , ஒன்றுபட்டது மாநிலங்களில் , வென்ச்சுரா கவுண்டி , லாஸ் ஏஞ்சல்ஸ் , பேடரோ பிசாரோ , கிரேக் சிமோன் , தெற்கு கலிஃபோர்னியா எடிசன் , பெஸிஃபிக் வாயு ,

SoCal Edison to pay $2.2-billion settlement in Woolsey fire


Southern California Edison will pay $2.2 billion to settle insurance claims from a deadly, destructive wildfire sparked by its equipment in 2018, the utility announced Monday.
Edison, which acknowledged no wrongdoing, said the agreement covers all claims in pending lawsuits from insurance companies related to the Woolsey fire, which blackened 151 square miles of Los Angeles and Ventura counties. Three people died in the November 2018 fire and more than 1,600 homes and other buildings were destroyed.
In addition, Edison said it has finalized settlements from the December 2017 Thomas fire and mudslides a month later on land that had burned.
“We have made another significant step toward resolving pending wildfire-related litigation,” Edison Chief Executive Pedro Pizarro said in the statement announcing the settlements. ....

United States , Ventura County , Los Angeles , Pedro Pizarro , Craig Simon , Southern California Edison , Chief Executive Pedro Pizarro , Pacific Gas , ஒன்றுபட்டது மாநிலங்களில் , வென்ச்சுரா கவுண்டி , லாஸ் ஏஞ்சல்ஸ் , பேடரோ பிசாரோ , கிரேக் சிமோன் , தெற்கு கலிஃபோர்னியா எடிசன் , தலைமை நிர்வாகி பேடரோ பிசாரோ , பெஸிஃபிக் வாயு ,