Edison Sets Up Compensation Program for Victims of LA’s Eaton Fire

Southern California Edison will set up a program to compensate victims of a deadly Los Angeles wildfire that it has acknowledged may be linked to the company’s electrical equipment.

The utility, owned by Edison International, said the voluntary claims program will provide direct payments and fast resolutions to eligible individuals and businesses impacted by January’s Eaton Fire.

Related: California Surplus Lines Take-Up Soars as Brokers Work to Find Coverage for Clients

While the cause of the wildfire that killed 18 people and destroyed more than 9,000 structures has yet to be determined, Southern California Edison has said it will probably incur material losses from the blaze that started near the base of one of its transmission lines.