Who will pay for Los Angeles fire damages? Complexities abound.
- Posted on January 16, 2025
- By Business News Today
- 3 Views
Who will pay for Los Angeles fire damages? Complexities abound.
Amid speculation about the causes of the Los Angeles-area fires, lawsuits have been filed against Southern California Edison, alleging its equipment ignited the Eaton fire. The $21 billion California Wildfire Fund offers limited compensation, affecting the liability landscape and highlighting disparities in victim aid based on utility participation.