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Benzinga

Business

Vishaal Sanjay

California's $21B Wildfire Fund Faces Existential Test As Edison Liability Looms: 'Claims May Be Substantial Enough To Fully Exhaust The Fund'

Edison Edison International EIX NYSE Southern California Edison Insurance Eaton Fire PGE

Southern California Edison

California's $21 billion wildfire insurance fund, created to protect ratepayers and keep investor-owned utilities solvent, could be on the verge of depletion if Southern California Edison, which is owned by Edison International (NYSE:EIX), is found liable for the devastating Eaton Fire in early 2025.

Check out the current price of EIX stock here.

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Top stories on inkl right now

Mike Ditka cause of death: Hall of Fame Bears legend was days away from 87th birthday as health struggles resurface. Full statement of family revealed

Mike Ditka cause of death: Hall of Fame Bears legend was days away from 87th birthday as health struggles resurface. Full statement of family revealed

Mike Ditka, the iconic figure in football, passed away at 86, just before celebrating his 87th birthday on October 18. His family released a touching announcement that paid tribute to him as a cherished husband and father. Remembered fondly as 'Iron Mike', Ditka's legacy includes a remarkable career as both…

The Economic Times

In effort to avoid the rain, NASCAR changes practice and qualifying schedule for Charlotte

In effort to avoid the rain, NASCAR changes practice and qualifying schedule for Charlotte

Hurricane Isaias is going to adversely impact the NASCAR weekend at Charlotte, and series officials have reacted

Hurricane Isaias live updates: Gulf coast braces for category 3 storm to make landfall

Hurricane Isaias live updates: Gulf coast braces for category 3 storm to make landfall

Florida panhandle directly in Isaias’ path as officials warn of life-threatening storm surge and hurricane-force winds in parts of Florida, Mississippi and Alabama

The Guardian - US

A woman allegedly posed as a substitute teacher in her old high school before telling the polices she ‘hates kids’

A woman allegedly posed as a substitute teacher in her old high school before telling the polices she ‘hates kids’

A fake substitute teacher said she 'hates kids.'

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'Hail Satan' Erupts at Iowa City Council Meeting as Pastor Demands 'Curse' Be Reversed

'Hail Satan' Erupts at Iowa City Council Meeting as Pastor Demands 'Curse' Be Reversed

Ottumwa erupts in controversy after a city council invocation ends with 'Hail Satan', prompting a pastor to demand a curse reversal as officials review the policy.

International Business Times UK

Trump establishes committee to investigate Fed governor Lisa Cook

Trump establishes committee to investigate Fed governor Lisa Cook

US president renews his efforts to oust Cook despite supreme court ruling that her firing was unconstitutional

The Guardian - US

Related Stories

Top stories on inkl right now

Mike Ditka cause of death: Hall of Fame Bears legend was days away from 87th birthday as health struggles resurface. Full statement of family revealed

Mike Ditka cause of death: Hall of Fame Bears legend was days away from 87th birthday as health struggles resurface. Full statement of family revealed

Mike Ditka, the iconic figure in football, passed away at 86, just before celebrating his 87th birthday on October 18. His family released a touching announcement that paid tribute to him as a cherished husband and father. Remembered fondly as 'Iron Mike', Ditka's legacy includes a remarkable career as both…

The Economic Times

In effort to avoid the rain, NASCAR changes practice and qualifying schedule for Charlotte

In effort to avoid the rain, NASCAR changes practice and qualifying schedule for Charlotte

Hurricane Isaias is going to adversely impact the NASCAR weekend at Charlotte, and series officials have reacted

Hurricane Isaias live updates: Gulf coast braces for category 3 storm to make landfall

Hurricane Isaias live updates: Gulf coast braces for category 3 storm to make landfall

Florida panhandle directly in Isaias’ path as officials warn of life-threatening storm surge and hurricane-force winds in parts of Florida, Mississippi and Alabama

The Guardian - US

A woman allegedly posed as a substitute teacher in her old high school before telling the polices she ‘hates kids’

A woman allegedly posed as a substitute teacher in her old high school before telling the polices she ‘hates kids’

A fake substitute teacher said she 'hates kids.'

We Got This Covered

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

'Hail Satan' Erupts at Iowa City Council Meeting as Pastor Demands 'Curse' Be Reversed

'Hail Satan' Erupts at Iowa City Council Meeting as Pastor Demands 'Curse' Be Reversed

Ottumwa erupts in controversy after a city council invocation ends with 'Hail Satan', prompting a pastor to demand a curse reversal as officials review the policy.

International Business Times UK

Trump establishes committee to investigate Fed governor Lisa Cook

Trump establishes committee to investigate Fed governor Lisa Cook

US president renews his efforts to oust Cook despite supreme court ruling that her firing was unconstitutional

The Guardian - US

Our Picks

Travis Barker shares Kourtney Kardashian’s bold first move: ‘Something crazy’

Couple were friends for 15 years before becoming a couple around 2020

The Independent UK

‘My dog’s built her own fashion community’: how canine companions stole the fashion week spotlight

Our four-legged friends are turning heads from Louis Vuitton to Schiaparelli – but what does their presence in the most exclusive of spaces say about the industry’s changing attitudes?

The Guardian - UK

Mystery of why big dogs age faster than small ones finally solved

Researchers analyzed the health of more than 860 dogs

The Independent UK

I'm Italian American, but I Don't Celebrate Columbus Day.

The holiday brings out many of the worst excesses of identity politics.

WWE Star Stephanie Vaquer Sets Social Media Ablaze With Nude Photo Wearing Nothing but Her Championship Belt

WWE Women's World Champion Stephanie Vaquer has attracted widespread attention after sharing a revealing photograph featuring her title, days before defending it against Liv Morgan and Becky Lynch.

International Business Times UK

‘Striking and personal’ self-portrait by David Bowie up for auction

Sotheby’s said the self-portrait created by the musician in 1996 will go on sale next week.

Evening Standard

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