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SoCal Edison Opens Eaton Fire Compensation Program With Expanded Eligibility and Fast-Pay Option

The voluntary plan offers model-based, expedited offers that require claimants to forgo litigation.

Overview

  • Claims opened Oct. 29 with eligibility expanded to about 18,267 properties after adding 5,579 addresses for smoke and ash damage.
  • Fast-pay track targets an offer within 90 days and payment within 30 days of acceptance, while a detailed review can take up to nine months.
  • Revisions raise noneconomic payments to $75,000 per child in destroyed homes and $115,000 per adult, retain $1.5 million for pain and suffering in death claims plus $500,000 per eligible survivor, and add direct-claim premiums for death and injury.
  • Accepting a payout requires waiving the right to sue, with lawsuits by victims, Los Angeles County and the U.S. Department of Justice still proceeding; claims are accepted through Nov. 30, 2026, with in-person and virtual info sessions scheduled.
  • State documents show the wildfire liability fund expects to cover Eaton Fire costs in the tens of billions, and RAND found the valuation models generally well executed but prone to overpay lower-value properties and underpay higher-value ones.