The accord with the unit of Edison International, is the federal
government's largest wildfire settlement in the Central District
of California, which includes Los Angeles, and resolves a
lawsuit that began in 2020.
Southern California Edison did not admit wrongdoing in agreeing
to settle. It had no immediate comment.
The Thomas fire began on the windy night of Dec. 4, 2017, and
burned more than 280,000 acres (113,312 hectares), or about 440
square miles, including more than 150,000 acres of National
Forest System land in Santa Barbara and Ventura countries.
More than 1,300 structures were damaged or destroyed, and two
people died.
Authorities said the fire began when dry vegetation ignited in
two locations, as molten metal fell from two Southern California
Edison power lines that contacted each other, while a failed
transformer caused a different power line to topple.
In its annual report filed on Feb. 22, Rosemead,
California-based Edison International said it believed the fire
started at least 12 minutes prior to any issue involving its
equipment.
Southern California Edison has faced a slew of lawsuits and
investigations into its role in wildfires and mudslides in 2017
and 2018, leading to $5.1 billion of after-tax charges through
2023.
Some cases relating to the Thomas fire as still pending.
In September, the federal government sued Southern California
Edison over the September 2020 Bobcat wildfire, which burned
close to 180 square miles and was one of Los Angeles County's
largest wildfires.
(Reporting by Jonathan Stempel in New York; Editing by Leslie
Adler and Marguerita Choy)
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