Latest news with #SCE
Epoch Times
3 days ago
- Business
- Epoch Times
California Utility Company Offers Direct Compensation to Victims of Eaton Fire Amid Lawsuits, Investigation
Southern California Edison (SCE) is offering to directly pay victims of the Eaton Fire, the company said on July 23. The offer comes amid dozens of lawsuits filed against the utility company after videos surfaced showing a blaze igniting under one of its transmission lines on Jan. 7, the day the fire broke out.
Washington Post
4 days ago
- Business
- Washington Post
California utility creates fund for victims of January's deadly Eaton Fire near LA
LOS ANGELES — Southern California Edison announced this week that it will create a fund to compensate victims of January's devastating Eaton Fire near Los Angeles, even as the cause of the blaze that killed 19 people remains under investigation. The creation of the Wildfire Recovery Compensation Program seems to suggest that the utility is prepared to acknowledge what several lawsuits claim : that its equipmentsparked the conflagration in Altadena. 'Even though the details of how the Eaton Fire started are still being evaluated, SCE will offer an expedited process to pay and resolve claims fairly and promptly,' Pedro Pizarro, chief executive of Edison International, the utility's parent company, said in a statement Wednesday. 'This allows the community to focus more on recovery instead of lengthy, expensive litigation.' Officials haven't said what caused the fire that destroyed more than 9,400 homes and other structures . It is not clear how much money the utility will contribute to the fund. A lawsuit filed by Los Angeles County in March claims that costs and damage estimates were expected to total hundreds of millions of dollars, with assessments ongoing. SCE said the compensation program, which will go into effect this fall, would be open to those who lost homes, rental properties or businesses. It would also cover those who suffered injuries, were harmed by smoke or had family members who were killed. Among those suing SCE is EJ Soto, whose rental home in Altadena where she grew up was destroyed by flames. She first heard about the fund on the news. She said she considers the fund's creation as a 'form of admission' from the utility that its equipment caused the inferno. Soto worries that her family will receive 'pennies on the dollar' and said the utility is trying to get out ahead of future lawsuits. 'All our memories are there, places we raised our children. Money won't bring that back. They need to know that our pain is greater than that,' Soto said Thursday. The SCE payment plan is being created by administrators who helped form similar programs, including the September 11th Victim Compensation Fund of 2001. LA County previously won more than $64 million in a settlement with Southern California Edison over the 2018 Woolsey Fire . Investigators determined SCE's equipment sparked that blaze, and the utility also paid more than $2 billion to settle related insurance claims. Utility equipment has sparked some of the deadliest and most destructive fires in state history in recent years. LA Fire Justice, which advocates for wildfire victims, said in a statement Thursday that the SCE program's creation shows that the utility is prepared to accept responsibility. But the nonprofit said a similar fund by Pacific Gas & Electric following wildfires in Northern California was slow to roll out and inefficient. 'Experience suggests that these direct payments for victims are neither quick, nor easy, nor equitable. PG&E offered a similar program and wildfire victims ended up receiving inadequate compensation, and it didn't happen fast,' said Doug Boxer, an attorney for LA Fire Justice. Investigators are also working to determine the cause of the Palisades Fire , which broke out shortly before the Eaton Fire and killed 12 people and destroyed thousands of structures in Los Angeles.
San Francisco Chronicle
4 days ago
- Business
- San Francisco Chronicle
California utility creates fund for victims of January's deadly Eaton Fire near LA
LOS ANGELES (AP) — Southern California Edison announced this week that it will create a fund to compensate victims of January's devastating Eaton Fire near Los Angeles, even as the cause of the blaze that killed 19 people remains under investigation. The creation of the Wildfire Recovery Compensation Program seems to suggest that the utility is prepared to acknowledge what several lawsuits claim: that its equipmentsparked the conflagration in Altadena. 'Even though the details of how the Eaton Fire started are still being evaluated, SCE will offer an expedited process to pay and resolve claims fairly and promptly,' Pedro Pizarro, chief executive of Edison International, the utility's parent company, said in a statement Wednesday. 'This allows the community to focus more on recovery instead of lengthy, expensive litigation.' Officials haven't said what caused the fire that destroyed more than 9,400 homes and other structures. It is not clear how much money the utility will contribute to the fund. A lawsuit filed by Los Angeles County in March claims that costs and damage estimates were expected to total hundreds of millions of dollars, with assessments ongoing. SCE said the compensation program, which will go into effect this fall, would be open to those who lost homes, rental properties or businesses. It would also cover those who suffered injuries, were harmed by smoke or had family members who were killed. Among those suing SCE is EJ Soto, whose rental home in Altadena where she grew up was destroyed by flames. She first heard about the fund on the news. She said she considers the fund's creation as a 'form of admission' from the utility that its equipment caused the inferno. Soto worries that her family will receive 'pennies on the dollar' and said the utility is trying to get out ahead of future lawsuits. 'All our memories are there, places we raised our children. Money won't bring that back. They need to know that our pain is greater than that,' Soto said Thursday. The SCE payment plan is being created by administrators who helped form similar programs, including the September 11th Victim Compensation Fund of 2001. LA County previously won more than $64 million in a settlement with Southern California Edison over the 2018 Woolsey Fire. Investigators determined SCE's equipment sparked that blaze, and the utility also paid more than $2 billion to settle related insurance claims. Utility equipment has sparked some of the deadliest and most destructive fires in state history in recent years. LA Fire Justice, which advocates for wildfire victims, said in a statement Thursday that the SCE program's creation shows that the utility is prepared to accept responsibility. But the nonprofit said a similar fund by Pacific Gas & Electric following wildfires in Northern California was slow to roll out and inefficient. 'Experience suggests that these direct payments for victims are neither quick, nor easy, nor equitable. PG&E offered a similar program and wildfire victims ended up receiving inadequate compensation, and it didn't happen fast,' said Doug Boxer, an attorney for LA Fire Justice. Investigators are also working to determine the cause of the Palisades Fire, which broke out shortly before the Eaton Fire and killed 12 people and destroyed thousands of structures in Los Angeles.
The Guardian
5 days ago
- Business
- The Guardian
LA's main utility to pay wildfire victims although cause of blaze undetermined
Los Angeles's main utility company will compensate victims of January's deadly Eaton wildfire – even though investigators have yet to determine whether the company's equipment sparked the blaze. In a statement released Wednesday, Southern California Edison announced the establishment of the Wildfire Recovery Compensation Program, a voluntary fund it developed in consultation with Kenneth R Feinberg and Camille S Biros, the duo who designed the September 11th Victim Compensation Fund. 'Community members shouldn't have to wait for the final conclusions in the Eaton Fire investigation to get the financial support they need to begin rebuilding,' Pedro J Pizarro, president and CEO of Edison International, SCE's parent company, said in a statement. 'Even though the details of how the Eaton Fire started are still being evaluated, SCE will offer an expedited process to pay and resolve claims fairly and promptly. This allows the community to focus more on recovery instead of lengthy, expensive litigation.' Although the Los Angeles fire department is still investigating the cause of the Eaton fire, a leading theory is that the utility's ageing equipment ignited the first spark. Since the fire broke out on 7 January, dozens of families, and even the city of Los Angeles, have filed lawsuits against Southern California Edison. In its press release, the utility said the victims' compensation program would launch this fall and that participation would require 'no application fees, administrative costs or legal fees'. The company's announcement comes amid concerns that the state of California's wildfire fund may not be able to handle the size of the insured losses if Edison is found responsible. In that case, the state fund would pay out any settlements in lawsuits against Edison. The California Earthquake Authority, which administers the fund, told the Los Angeles Times that it worries attorney fees could shrink the fund further (up to half of settlement amounts can go to legal fees). Attorney Richard Bridgford, who represents victims of the wildfires, meanwhile told the Times: 'Victims have uniformly done better when represented by counsel.' 'In the past, the utilities have proposed these programs as a means for shorting and underpaying victims,' he added. 'They are trying to make people panic so they don't get adequate representation.'
Yahoo
5 days ago
- Business
- Yahoo
California utility creates fund for victims of January's deadly Eaton Fire near LA
LOS ANGELES (AP) — Southern California Edison announced this week that it will create a fund to compensate victims of January's devastating Eaton Fire near Los Angeles. Investigators haven't yet determined a cause for the blaze that killed 19 people and destroyed more than 9,400 homes and other structures in Altadena. The creation of the Wildfire Recovery Compensation Program seems to suggest that the utility is prepared to acknowledge what several lawsuits claim: that its equipmentsparked the conflagration. 'Even though the details of how the Eaton Fire started are still being evaluated, SCE will offer an expedited process to pay and resolve claims fairly and promptly,' Pedro Pizarro, chief executive of Edison International, the utility's parent company, said in a statement Wednesday. 'This allows the community to focus more on recovery instead of lengthy, expensive litigation.' It is not clear how much money the utility will contribute to the fund. A lawsuit filed by Los Angeles County in March claims that costs and damage estimates were expected to total hundreds of millions of dollars, with assessments ongoing. SCE said the compensation program, which will go into effect this fall, would be open to those who lost homes, rental properties or businesses. It would also cover those who suffered injuries, were harmed by smoke or had family members who were killed. The LA Fire Justice, which advocates for wildfire victims, said in a statement that the program's creation shows that SCE is prepared to accept responsibility. But the nonprofit said a similar fund by Pacific Gas & Electric following wildfires in Northern California was slow to roll out and inefficient. 'Experience suggests that these direct payments for victims are neither quick, nor easy, nor equitable. PG&E offered a similar program and wildfire victims ended up receiving inadequate compensation, and it didn't happen fast," said Doug Boxer, an attorney for LA Fire Justice. The SCE payment plan is being created by administrators who helped form similar programs, including the September 11th Victim Compensation Fund of 2001. LA County previously won more than $64 million in a settlement with Southern California Edison over the 2018 Woolsey Fire. Investigators determined SCE's equipment sparked that blaze, and the utility also paid more than $2 billion to settle related insurance claims. Utility equipment has sparked some of the deadliest and most destructive fires in state history in recent years. Investigators are also working to determine the cause of the Palisades Fire, which broke out shortly before the Eaton Fire and killed 12 people and destroyed thousands of structures in Los Angeles. The Associated Press
