Hawaii’s Supreme Court ruled Monday that insurance companies can’t bring their own legal actions against those blamed for Maui’s catastrophic 2023 wildfire.
Hawaii’s Supreme Court ruled Monday that insurance companies can’t bring their own legal actions against those blamed for Maui’s catastrophic 2023 wildfire, allowing a $4 billion settlement that was on that the verge of collapse to proceed.Other steps remain in finalizing the deal between thousands of people who lodged lawsuits and various defendants, including Hawaiian Electric Company.The massive inferno that was the deadliest in the U.S.
RELATED STORY | California homeowners brace for 22% insurance rate hike following wildfiresA few days before the one-year anniversary of the Aug. 8, 2023, fire, Gov. Josh Green announced that seven defendants accused of causing the tragedy had agreed to pay $4 billion to resolve claims by thousands of people. They include the main defendant, Hawaiian Electric, as well as the state of Hawaii, Maui County and Kamehameha Schools, the largest private landowner in Hawaii.
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Court rules against insurance companies in Maui wildfire; $4B settlement can proceedHawaii’s Supreme Court has ruled that insurance companies can’t bring their own legal actions against those blamed for Maui’s catastrophic 2023 wildfire, the deadliest in the U.S. in more than a century
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What to know about what's tying up a $4B settlement for Hawaii wildfire victimsThe Hawaii Supreme Court is scheduled to hear about insurance issues tying up a potential $4 billion Maui wild fire settlement.
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