California’s second-largest utility company, SoCal Edison, has agreed to pay $360 million to local government agencies for damages and other costs related to a series of fires in 2017 and 2018, including the Camp Fire that destroyed Paradise
California’s second-largest utility company has agreed to pay $360 million to compensate about two dozen local governmental entities for damages and other costs related to a series of fires and resulting mudslides that hit the region in 2017 and 2018.
The settlements announced Wednesday show that Southern California Edison, an arm of Edison International, faces liability problems similar to those of PG&E Corp. The bankrupt Northern California power company last June agreed to a $1 billion settlement with communities and...
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