How Wall Street hedge funds are gambling millions on Eaton fire insurance claims

latimes.com/environment/story/2025-06-24/wall-street-investors-try-to-profit-from-eaton-fire-insurance-claims

Wall Street hedge funds are offering to buy claims that insurers may have against Edison if the utility is found liable for causing the devastating Eaton fire in Altadena.
- While legal, the solicitations have alarmed state officials who say the speculation could lead to bigger payouts…

This story appeared on latimes.com, 2025-06-24 10:00:00.
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