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Southern California Edison says it will create an Eaton Fire ‘compensation program.’ Survivors are skeptical
The Eaton Fire’s cause is still under investigation, but Southern California Edison is planning to launch a fund to compensate those affected. Survivors say the utility is trying to “buy us off.”
Hedge fund operators are buying insurance claims in an attempt to potentially profit from the $21 billion fund.
California officials overseeing the $21 billion fund that was expected to protect utilities and their customers from the cost ...
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