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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: tairbear00 🐝  😊 😞
Number: of 15053 
Subject: Re: California Fire Insurance Loss
Date: 01/12/2025 12:36 PM
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SCE cut off the power to my area for several hours. Power has been off in other nearby areas for several days.

Two clips from the lengthy NYT article link I posted about LA DWP

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It is not clear what ignited the fires ravaging Southern California, and investigators are likely to take months to come to any firm conclusions. But the fact that utility lines stayed on during unusually dry and very windy conditions suggests they could have played at least some role in spreading the fires, energy industry experts said.
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One of the most concerning details to emerge since the fires began is that the Los Angeles Department of Water and Power, the largest municipal utility in the country, does not have a program in place to pre-emptively shut off power in urban areas when fire risk is elevated. California’s investor-owned utilities have had such programs in place for years.
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