Southern California Edison self-insures in bid to slash costs
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Southern California Edison self-insures in bid to slash costs

California Wildfires 2020: River Fire
Photo: PA Images

US utility company Southern California Edison (SCE) has chosen to self-insure rather than purchase its usual ~$1bn annual wildfire protection, this publication can reveal.

The move comes amid increasing concern about the rising cost of wildfires in the state, after a run of destructive blazes over the past decade and a recalibration, on the part of (re)insurers, of the true cost of coverage.

Sources...

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article