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Southern California Edison Settles 2017 Wildfire, 2018 Mudslide Claims for $1.1B

By on September 25, 2020 in Commercial, Construction, Litigation-Business

“Southern California Edison will pay over $1 billion to settle litigation over the 2017 Thomas and Koenigstein fires and subsequent mudslides that followed in the community of Montecito, the utility giant announced Wednesday,” reports Nathan Solis in Courthouse News Service.

“SCE did not acknowledge liability in the settlement, although its equipment sparked the massive wildfire.”

“The Thomas Fire burned nearly 282,000 acres across multiple counties in late 2017, killing two people and destroying over 1,000 structures. Heavy rain the following year on the fire scar led to a mudslide above the community of Montecito in Ventura County that killed 21 people when debris flowed over homes.”

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