Hedge Funds Bet Millions on Eaton Fire Claims
Hedge Funds, Wildfires, and the Future of Claim Settlements: A Risky Game in California The charred landscapes left by wildfires aren’t just environmental tragedies; they’re also potential goldmines for Wall Street. Hedge funds are increasingly circling, offering to buy up insurance claims against utilities like Southern California Edison (SCE) if they’re found liable for sparking … Read more