Edison International Expands Eaton Fire Compensation Program Benefits

Reuters
Feb 19
Edison International Expands Eaton Fire Compensation Program Benefits

Edison International said Southern California Edison has updated its voluntary Wildfire Recovery Compensation Program for eligible individuals and businesses impacted by the Eaton Fire, with changes effective immediately and applied retroactively. Under the updated protocol, claimants represented by counsel when submitting a claim will receive settlement offers that include compensation equal to 20% of net damages for legal expenses, and tenant settlement offers will cover up to three months of housing assistance at the higher of actual pre-fire rent or monthly fair rental value as defined in the protocol. The program is available through Nov. 30, 2026; SCE said settlement offers are delivered within 90 days of a fully documented claim and payments are made within 30 days after settlement conditions are met. As of Feb. 18, 2026, SCE reported 2,405 claims submitted (nearly 7,000 individuals), 593 offers totaling more than $183 million, and 86 payments made or in process totaling $18 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Edison International published the original content used to generate this news brief via Business Wire (Ref. ID: 202602181630BIZWIRE_USPR_____20260218_BW397135) on February 18, 2026, and is solely responsible for the information contained therein.

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