The L.A.-area fires may pose the first big test of California’s wildfire fund, which was set up in 2019 to protect utilities from bankruptcy.

SCE faces lawsuits for alleged negligence contributing to the Eaton Fire's ignition, which caused destruction and fatalities.

Southern California Edison is being sued by residents and businesses impacted by the Eaton Fire, who allege the Los Angeles utility's equipment may have started the deadly blaze. The big picture: It's among multiple wildfires that have erupted across the L.