Edison to pay $1.16B for Thomas Fire

Edison was facing thousands of claims from individual plaintiffs for its role in the blaze that burned 280,000 acres in Ventura and Santa Barbara counties.

Southern California Edison Co. agreed Wednesday to pay insurance companies $1.16 billion to settle claims arising from the 2017 Thomas Fire.

Edison was facing thousands of claims from plaintiffs which include homeowners, public entities, owners of farms and vineyard, and insurance policy holders for its role in the blaze that burned 280,000 acres in Ventura and Santa Barbara counties. The utility also faces claims for the subsequent ...

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Sep. 24, 2020

Edison to pay $1.16B for Thomas Fire

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