Next Round of Inspections in LA Fire Expected Next Week, Edison CEO Says
Several fires broke out across Los Angeles on Jan. 7, claiming dozens of lives and destroying thousands of homes in what is expected to be the most expensive natural disaster in U.S. history.
Related: Insurer Payouts Now at $12B for LA Wildfires, Report Shows
While no official cause for the major fires has been released, multiple lawsuits have claimed SCE power lines and towers in the hills about the community of Altadena started one of the blazes — the Eaton Fire. Among those suing SCE are Los Angeles County and the City of Pasadena.
SCE, which delivers power to about 15 million people as the largest electric utility in Southern California, will send workers up the Altadena-area towers starting on Monday. Other inspections, including with drones, will also be deployed.
Related: Los Angeles County Sues Utility Edison Over Deadly Wildfire
Government investigators, attorneys for fire victims and SCE are separately, but in parallel, investigating the cause of the Eaton Fire.
The official cause of the blaze, and whether negligence was involved, is expected to determine what – if any – financial consequences SCE will face.
Edison International has said that a California-established Wildfire Fund will protect its balance sheet, which Pizarro reiterated on Thursday.
(Reporting by Laila Kearney; Editing by David Gregorio)
- Insurance Covers Settlement Paid by Stocks Instead of Money: Delaware High Court
- North Carolina Sting Operation Alleges Roofer Damaged Shingles to File Claim
- McKinsey Plots Thousands of Job Cuts in Slowdown for Consulting Industry
- Florida Jury Returns $779M Verdict for Family of Security Guard Killed at Gambling Cafe