SCE’s Wildfire Compensation Program Sees Record September Claims…

Event summary

September 2026 saw the highest number of claims submitted to SCE’s Wildfire Recovery Compensation Program, with over 5,000 claims filed.
Total compensation offers exceeded $1 billion, with nearly 80% of offers accepted and only 2% declined.
Over 4,000 claimants have been paid, totaling over $550 million, with many more payments in process.
The deadline for submitting claims is November 30, 2026, with offers delivered within 36 days and payments made within 30 days of agreement.

The big picture

SCE’s Wildfire Recovery Compensation Program is positioning itself as a faster and more streamlined alternative to litigation for wildfire-related claims. The program’s success in processing claims and delivering compensation offers within weeks, rather than the years typically required for litigation, highlights a strategic shift in managing liability risks. The program’s scale, with over $1 billion in compensation offers, underscores the significant financial and operational stakes involved in resolving wildfire-related claims.

What we're watching

Litigation Risk: How the pace of claims submissions will affect the balance between SCE’s voluntary program and potential litigation.
Execution Risk: Whether SCE can sustain the current pace of claim processing and payouts as the November 30 deadline approaches.
Regulatory Dynamics: The potential impact of regulatory scrutiny on the program’s operations and future compensation offers.