Fire Victim Trust
Finance · Virginia, United States · 1-10 Employees
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Overview
Headquarters
PO Box 25936, Richmond, Virginia, 23260,...Phone Number
(804) 404-8987Website
www.firevictimtrust.comRevenue
<$5 MillionIndustry
ZI Rank: 1
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About Fire Victim Trust
The Fire Victim Trust was established in 2020 to provide an efficient and equitable claims review process for victims of the 2015 Butte, 2017 North Bay, and 2018 Camp Fires, following PG&E's bankruptcy. The Trust aims to help individuals rebuild their lives by compensating them for damages, having awarded over $19.57 billion to eligible claimants. With a focus on transparency and support, the Trust has achieved a high acceptance rate for claims and continues to advocate for legislative support for fire survivors. Its intended clients are individuals affected by the aforementioned wildfires seeking compensation for their losses.Explore more
Popular SearchesFire Victim TrustBrownGreer PLCThe Fire Victim TrustSIC Code 67,673NAICS Code 52,525Show moreFire Victim Trust Org Chart
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Fire Victim Trust News & Media
Fire Victim Trust to Increase Pro Rata Payments to California Wildfire Survivors to 70%
SAN FRANCISCO, Sept. 25, 2024 /PRNewswire/ -- Cathy Yanni, Trustee of the Fire Victim Trust, announced a pro rata payment increase from 66 percent to 70 percent effective October 24, 2024. The increase is possible because the FVT has finalized 99.9% of all claims in the program. The...Fire Victim Trust to Increase Pro Rata Payments to California Fire Survivors to 66%
SAN FRANCISCO--(BUSINESS WIRE)--Cathy Yanni, Trustee of the Fire Victim Trust (FVT), announced a pro rata payment increase from 60 percent to 66 percent effective April 25, 2024. This increase was made possible by the Trust’s sale of the remaining 477 million shares of Pacific Gas & Electric (PG&E) stock awarded to the FVT during the bankruptcy proceedings. “With $1.2 billion in additional liquidity from our final stock sales and 97% of claims now accepted andFire Victim Trust Announces Sale of Remaining 67.7 Million Shares
SAN FRANCISCO--(BUSINESS WIRE)--The Fire Victim Trust (FVT) announced today the sale of the final 67.7 million shares of PG&E stock remaining in the Trust as it continues fulfilling its mission to compensate the victims of fires in Northern California from 2015 to 2018. The FVT was created in July 2020 and funded with both cash and shares of stock pursuant to PG&E’s Chapter 11 Plan of Reorganization. At that time, 476,995,175 shares of common stockPG&E Fire Victim Trust Announces Sale of an Additional 60 million Shares of PG&E Stock
SAN FRANCISCO--(BUSINESS WIRE)--The PG&E Fire Victim Trust (FVT) announced today the sale of 60 million shares of PG&E stock as it continues fulfilling its mission to compensate the victims of fires in Northern California from 2015 to 2018. The FVT was created in July 2020 and funded with both cash and shares of stock pursuant to PG&E’s Chapter 11 Plan of Reorganization. At that time, 476,995,175 shares of common stock were transferred to the Trust.
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The Fire Victim Trust was established in 2020 to provide an efficient and equitable claims review process for victims of the 2015 Butte, 2017 North Bay, and 2018 Camp Fires, following PG&E's bankruptcy. The Trust aims to help individuals rebuild their lives by compensating them for damages, having awarded over $19.57 billion to eligible claimants.... Read More
