News

Southern California Edison to launch fund for Eaton Fire victims
The utility expects the fund's payments to be reimbursed by California's public wildfire insurance program, which Gov. Gavin ...
The Press Democrat6d
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 ...
What the Eaton Fire Could Mean for California’s $21B Wildfire Fund
California officials are concerned that the state's wildfire fund could be fully exhausted if utilities begin tapping it to ...
Eaton Fire Could Drain California's $21 Billion Wildfire Fund If Local Utility Is Found Guilty of Sparking Inferno
California officials are concerned that the state's wildfire fund could be fully exhausted if utilities begin tapping it to ...
'This fire could have been prevented': How utilities fought removal of old power lines
Regulators wanted Southern California Edison and other utilities to remove abandoned power lines --such as the one suspected ...
Edison International (EIX) Launches Wildfire Compensation Program for Eaton Fire Victims
We recently compiled a list of 10 Cheap Utility Stocks to Buy According to Hedge Funds. Edison International stands third on ...
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.
Gov. Newsom seeks to raise $18 billion to shore up state wildfire fund
Gov. Newsom proposes that electric customers and utility shareholders pay another $18 billion to shore up a $21 billion state ...
Southern California Edison to Launch Eaton Fire Wildfire Compensation Program This Fall
Edison International (NYSE: EIX) is among the 13 Best Electrical Infrastructure Stocks to Invest In. A Wildfire Recovery ...
Newsom seeks $18 billion for utilities’ wildfire fund as California faces future blazes
Electricity ratepayers would contribute half the money through a monthly fee. The other half would come Edison, PG&E and ...
Edison International's quarterly profit falls as L.A. wildfire investigations continue
Edison International reported a fall in second-quarter profit on Thursday, as the utility grappled with higher operating expenses while facing investigations related to the Los Angeles wildfires ...
California utility creates compensation program for victims of January’s deadly Eaton Fire near LA
Southern California Edison announced this week that it will create a program to compensate victims of January’s devastating Eaton Fire near Los Angeles, even as the cause of ...