Hawaii’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. The move allows a threatened $4 billion settlement to proceed.
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Monday’s ruling resolves a key roadblock to finalizing the deal and sends the case back to a Maui judge to determine next steps. Gerald Singleton, one of the many attorneys representing the plaintiffs, said they’re still trying to make sense of the ruling but are pleased with it. “Now the settlement can take the next step forward,” he said.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.
“Today’s decision will help our people heal much sooner, as we continue to rebuild and recover,” the governor said in a text message to the AP. Green had previously denounced as unfair insurance companies’ moves to recoup money they’ve paid to policyholders in a legal process that’s called “subrogation.”Insurance companies say subrogation is a way to offset costs associated with a catastrophic event so premiums won’t have to go up.
Wildfires Josh Green Hawaii State Government Lawsuits Los Angeles Area Wildfires Courts Legal Proceedings General News HI State Wire CA State Wire Business Politics Jacob Lowenthal U.S. News Gerald Singleton Jesse Creed Climate And Environment Climate
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