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Fire Victim Trust to Wind Down Payments This Coming Winter

After four years, the Fire Victim Trust is in its final stage. Trustee Cathy Yanni tells the Press Democrat the trust is in the “wind-down phase,” adding that the plan is to close the trust’s work by the end of this year or early next year. Established in July of 2020, the 13-and-a-half-billion-dollar Fire Victim Trust has been paying victims of California wildfires that were caused by PG&E between 2015 and 2018. The trust has made settlement offers to all of the more than 70-thousand claimants it oversees, with more than 99 percent of those offers accepted.

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