Edison details how much it plans to pay Eaton fire victims
Briefly

Edison details how much it plans to pay Eaton fire victims
"Southern California Edison is offering Eaton fire victims hundreds of thousands of dollars despite not accepting responsibility for the devastating blaze. Homeowners who lost 1,500-square-foot properties could receive $900,000 to rebuild, $200,000 for settling directly with the utility company and an additional amount for pain and suffering. The January wildfire destroyed more than 9,400 homes and structures in Altadena and killed at least 19 people."
"Edison announced in late July that it was creating a program to directly compensate Eaton fire victims to help avoid lengthy litigation. The Jan. 7 fire destroyed more than 9,400 homes and other structures in Altadena and killed at least 19 people. Pedro Pizarro, chief executive of Edison International, the utility's parent company, said in a press release Wednesday that the compensation program for victims was "designed to help them focus on their recovery.""
Southern California Edison has not accepted responsibility for igniting the Eaton fire but is proposing a compensation program for victims who lost homes. The plan offers $900,000 to rebuild a 1,500-square-foot house plus $200,000 for a direct settlement, with additional pain-and-suffering awards of $100,000 per adult and $50,000 per child. The Jan. 7 wildfire destroyed more than 9,400 homes and other structures in Altadena and killed at least 19 people. Edison plans community meetings to gather public input and has engaged consultants Kenneth Feinberg and Camille Biros to assist in administering the compensation program.
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