California officials overseeing the $21 billion fund that was expected to protect utilities and their customers from the cost of wildfires sparked by electric lines say the fund could be wiped out by January’s devastating Eaton fire,

Gavin Newsom raised the possibility of further strain on the California Wildfire Fund as Southern California Edison faces lawsuits.

Southern California Edison has announced it will create a fund to compensate victims of January’s devastating Eaton Fire near Los Angeles