The China Mail - Power company says to pay compensation over LA fire

USD -
AED 3.672498
AFN 65.000188
ALL 81.39028
AMD 361.2932
ANG 1.789785
AOA 916.999757
ARS 1512.992403
AUD 1.441327
AWG 1.80125
AZN 1.697674
BAM 1.743992
BBD 2.01427
BDT 123.014493
BGN 1.747831
BHD 0.377794
BIF 2993.226401
BMD 1
BND 1.282569
BOB 11.726198
BRL 5.097598
BSD 1.000134
BTN 95.013601
BWP 13.749894
BYN 3.018725
BYR 19600
BZD 2.011416
CAD 1.41864
CDF 2313.515223
CHF 0.827095
CLF 0.024943
CLP 981.679771
CNY 6.691203
CNH 6.688765
COP 3177.15
CRC 455.208273
CUC 1
CUP 24.002354
CVE 98.341137
CZK 21.70075
DJF 178.095875
DKK 6.661415
DOP 61.31577
DZD 134.428508
EGP 53.433198
ERN 15
ETB 163.359658
EUR 0.89113
FJD 2.26765
FKP 0.754433
GBP 0.75215
GEL 2.589837
GGP 0.754433
GHS 11.63612
GIP 0.754433
GMD 73.503576
GNF 8798.177043
GTQ 7.64058
GYD 209.177258
HKD 7.847675
HNL 26.852294
HRK 6.7126
HTG 130.962733
HUF 324.356012
IDR 18032.6
ILS 3.10235
IMP 0.754433
INR 94.95955
IQD 1515.163677
IRR 1795877.497808
ISK 121.359738
JEP 0.754433
JMD 159.02858
JOD 0.709041
JPY 157.932995
KES 129.71014
KGS 87.449865
KHR 4061.592797
KMF 440.000204
KPW 899.999961
KRW 1336.849795
KWD 0.3108
KYD 0.833434
KZT 453.247002
LAK 22495.12827
LBP 89534.463932
LKR 331.054657
LRD 170.517331
LSL 16.527044
LTL 2.95274
LVL 0.60489
LYD 6.424972
MAD 9.801026
MDL 17.972147
MGA 4504.813845
MKD 54.969013
MMK 2099.795777
MNT 3598.409679
MOP 8.083816
MRU 40.074203
MUR 47.229828
MVR 15.459728
MWK 1733.876182
MXN 18.431315
MYR 4.083997
MZN 63.903137
NAD 16.526602
NGN 1331.620612
NIO 36.807299
NOK 9.463325
NPR 152.022083
NZD 1.770865
OMR 0.384505
PAB 1.000134
PEN 3.440357
PGK 4.539556
PHP 63.008947
PKR 276.852798
PLN 3.894745
PYG 5695.429208
QAR 3.645574
RON 4.753798
RSD 104.636016
RUB 83.901939
RWF 1475.681051
SAR 3.752178
SBD 8.064647
SCR 14.30035
SDG 601.497463
SEK 9.94235
SGD 1.28167
SHP 0.754745
SLE 24.679638
SLL 20969.504398
SOS 571.596752
SRD 37.641501
STD 20697.981008
STN 21.850516
SVC 8.750831
SYP 13001.999685
SZL 16.520847
THB 33.480192
TJS 9.216088
TMT 3.51
TND 3.003166
TOP 2.40776
TRY 49.526797
TTD 6.787869
TWD 32.445104
TZS 2644.968019
UAH 44.862452
UGX 4024.972129
UYU 40.223504
UZS 11961.649944
VES 878.910602
VND 25867.5
VUV 119.436793
WST 2.780879
XAF 584.543048
XAG 0.01738
XAU 0.000239690895
XCD 2.70255
XCG 1.802429
XDR 0.707052
XOF 584.543048
XPF 106.363434
YER 236.150107
ZAR 16.48192
ZMK 9001.19567
ZMW 19.926867
ZWL 321.999592
SSP 5790.440039
MXV 2.081078
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Power company says to pay compensation over LA fire
Power company says to pay compensation over LA fire / Photo: © AFP

Power company says to pay compensation over LA fire

The power company whose lines are suspected of starting one of the deadly fires that ravaged Los Angeles this year said Wednesday it would compensate victims even without any formal finding it was at fault.

Text size:

Southern California Edison -- which faces multiple costly lawsuits over the huge blazes -- said it would establish a fund that would offer payouts to those who lost their homes or whose health was affected.

It gave no figure for the size of the fund, and no precise timeline, but such a system could allow the company to avoid some of the bumper legal battles it is expected to face.

Two enormous fires that erupted in January killed 31 people and destroyed more than 16,000 homes and buildings around Los Angeles.

Investigations are still ongoing to determine the causes of two separate blazes that ravaged the affluent neighborhood of Pacific Palisades and parts of Malibu, and the city of Altadena, a more modest suburb located in the mountains to the northeast.

For several months, the finger of blame has been pointing at a Southern California Edison (SCE) powerline as the root of the Eaton Fire that consumed Altadena.

Several videos and witness accounts suggest that the equipment produced sparks that could have caused the fast-moving conflagration.

Victims "shouldn't have to wait for the final conclusions in the Eaton Fire investigation to get the financial support they need to begin rebuilding," said Pedro Pizarro, president and CEO of Edison International, SCE's parent company.

"Even though the details of how the Eaton Fire started are still being evaluated, SCE will offer an expedited process to pay and resolve claims fairly and promptly.

"This allows the community to focus more on recovery instead of lengthy, expensive litigation."

The fund will cover homeowners and tenants whose homes were damaged or destroyed, as well as business owners whose property was damaged or whose business was interrupted, a statement said.

It will also pay out for personal injuries and offer compensation to family members of those who died in the fire.

California's changing climate -- a result of humanity's unchecked use of fossil fuels over the last 150 years -- is increasing the frequency and intensity of extreme events, including wildfires.

But SCE's powerlines have frequently been pinpointed as the source of ignition in large blazes.

That has included the 2018 Woolsey Fire, which killed three people and ravaged the mountains behind Malibu.

Last May, the utility also agreed to pay $82.5 million to settle lawsuits related to the Bobcat Fire, a blaze that burned nearly 116,000 acres (47,000 hectares) in the San Gabriel Mountains in 2020.

H.Au--ThChM