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Southern California Edison, Others Settle to Recover $2B Tied to Wildfires
Edison InternationalEdison International(US:EIX) Insurance Journal·2025-09-19 21:57

Southern California Edison has reached a settlement agreement with several intervenors to allow the utility to recover about 2billionof2 billion of 5.6 billion in losses tied to the 2017–2018 wildfire and mudslide events.Out of the 2billion,about2 billion, about 1.6 billion consists of uninsured claims and 400millioncomprisesoflegalcostspaidasofMay31thisyear,thecompanysparent,EdisonInternational,saidonFriday.Related:CaliforniaPlanstoBoostUtilityWildfireFundby400 million comprises of legal costs paid as of May 31 this year, the company’s parent, Edison International, said on Friday. Related: California Plans to Boost Utility Wildfire Fund by 18 BillionThe costs are primarily re ...