Company: SCE-PL
Filing Date: 2025-09-15
Form Type: 8-K
Source: 0000827052-25-000081
Chunk: 1

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-09-15
Form: 8-K
Item: Item 8.01
Chunk 1
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Item 8.01

Other Events

On September 11, 2025, SCE entered into an agreement (the "Subrogation Settlement") with an insurance claimant in the 2025 Eaton Fire litigation (the “ Subrogation Claimant”). 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 Subrogation Claimant to its policy holders, up to an agreed upon cap. The Subrogation Claimant had paid its policy holders an aggregate of approximately $500 million as of July 31, 2025. No admission of wrongdoing or liability was made in reaching the Subrogation Settlement, and the Subrogation Claimant agreed to release SCE and Edison International from all claims and potential claims related to or arising from the Eaton Fire.

SCE has advised the administrator of the Wildfire Insurance Fund that SCE believes the Eaton Fire is a “covered wildfire” for purposes of accessing the fund and that it anticipates that future resolution of eligible claims arising from the Eaton Fire will require seeking reimbursement from the fund.

Item 9.01 Financial Statements and Exhibits