Southern California Edison has offered more than $1 billion in compensation to nearly 7,200 Eaton Fire claimants through its out-of-court recovery program, the utility announced Thursday.
Nearly 80% of the offers have been accepted, according to the utility, with more than 3,850 claimants receiving more than $535 million so far. Only about 2% of offers have been declined.
More than 5,000 claims representing over 15,300 individuals, families and businesses have been submit...
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