MALIBU—The city of Malibu reached a $13.7 million settlement with Southern California Edison (SCE) on November 13 to resolve wildfire claims resulting from the November 2018 Woolsey Fire.
The following was tweeted by the city of Malibu:
“Malibu experienced one of the worst disasters in the city’s history and suffered millions of dollars in taxpayer losses from the Woolsey fire,” said Mayor Karen Farrer. “This settlement will help the city continue to provide services to the community and keep moving forward with our recovery.”
Damages included in the settlement claims were the lost taxpayer resources including lost revenues, lost property, increased expenditures and lost community assets such as environmental and recreational resources, as well as government infrastructure.
Malibu’s settlement was part of a $360 million settlement for a larger group. Participants in the mediation process for the settlement included 23 public entities with various claims from the 2017 Thomas and Koenigstein Fires, the 2018 Montecito Debris Flows, and the 2018 Woolsey Fire. The settlement was determined after multiple days of mediation.
The settlement does not affect the claims of individuals, families, residents, or businesses. Settlement funds will be paid in December 2019.