Fires across the Los Angeles area have killed at least 25 people. The Palisades and Eaton fires continue to burn in Southern California.
The L.A.-area fires may pose the first big test of California’s wildfire fund, which was set up in 2019 to protect utilities from bankruptcy.
SCE faces lawsuits for alleged negligence contributing to the Eaton Fire's ignition, which caused destruction and fatalities.
The court filings blame the utility for the fire despite the fact that the blaze's cause is still under investigation.
The complaints allege the utility failed to de-energize its power lines, which allowed the electrical equipment to spark the massive blaze near Pasadena on Jan. 7.
Edison International's wildfire mitigation plan update approved by CPUC, but Moody's warns of potential credit risk from Eaton Fire in LA County.
Santa Anita employees jumped in to serve food to Los Angeles County fire victims, and the racetrack donated its food originally slated for weekend racing to victims, backstretch workers, the National Guard,
Southern California Edison said fire agencies are investigating whether electrical equipment was involved in the ignition of the Hurst Fire.
Attorneys for a woman who lost her home in the Los Angeles-area Eaton Fire filed an emergency request late on Thursday for Southern California Edison to preserve additional electrical equipment to be examined in blaze investigations,
The Eaton Fire in the foothills east of the city of Los Angeles has scorched more than 14,000 acres (57 sq km) or 22 square miles, nearly the size of Manhattan. That fire is the second most destructive inferno in California history, according to one complaint.
Edison International (EIX) — the parent company of the utility Southern California Edison (SCE) — saw its stock drop more than 10% Monday. The decline follows an announcement from SCE Friday that it's being investigated by California fire authorities.