Sempra Energy’s San Diego Gas & Electrical company has now settled with some insurers to pay a total of $686 million dollars for the spread of damages that occurred the 2007 San Diego wildfires. In October 2007, a wildfires blazed throughout San Diego county, causing destruction across over 1300 homes and 2 commercial buildings. The wildfires stretched from Malibu to the Mexico border, bringing injuries to 40 while also killing 2 people.
According to reports, the companies settlement will account for 75 percent of the insurance companies involved in the extensive litigation, a noteworthy step in the process that has taken months. The resulting settlement places neither fault nor liability on Sempra Energy, it only aims to settle on the negotiations that have taken place, according to a San Diego Gas & Electric spokesperson.
Sempra Energy continues to negotiate with the other insurers and plans to conclude settlements within weeks, said SDG&E spokeswoman Stephanie Donovan. A total exceeding 100 lawsuits have been filed against SDG&E and Sempra Energy due to the San Diego wildfires.
Wildfires in California are not exactly rare, but if you have been injured or suffered damages, you should understand that this is a serious matter. After being injured or suffering damages, you have several legal options that can be used to recover your losses. Whether or not you have already decided to file a lawsuit, or even if you have insurance, it is essential that you receive the professional advice that can only be provided by a lawyer. For a free consultation from our law offices in San Diego, call us at 858/909/9090.
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