Southern California Edison Enters Eaton Fire Settlement Pact

Southern California Edison says it entered into an agreement with an insurance claimant in the 2025 Eaton Fire litigation.

• Under the subrogation settlement, SCE agreed to pay the subrogation claimant $0.52 for each dollar in claims paid, or to be paid, by the claimant to its policy holders, up to an agreed upon cap
• The subrogation claimant had paid its policy holders ~$500 million as of July 31
• No admission of wrongdoing or liability was made in reaching the subrogation settlement
• The claimant agreed to release SCE and Edison International from all claims and potential claims related to or arising ...