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Insurance claims from LA wildfires may deplete $21 billion state fund – report

Insurance claims from LA wildfires may deplete  billion state fund – report


The fire killed 17 people and destroyed more than 9,000 structures in Los Angeles. Investigators are examining whether equipment owned by Southern California Edison, the region’s primary electricity provider, sparked the blaze. If found liable, the utility would trigger a wave of claims to be paid out by the state wildfire fund, the report said.



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