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  5. Maui fires lawsuit settled for $4 billion global compensation

Maui fires lawsuit settled for $4 billion global compensation

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A global settlement has been reached in lawsuits seeking damages for the 2023 Maui wildfires, with a total value of $4.037 billion. The settlement aims to resolve all claims related to the fires, and a court filing has been submitted to enforce the agreement. The motion seeks to prevent insurers from separately pursuing defendants to recover money paid to policyholders. The settlement was reached amid concerns that Hawaiian Electric could be on the brink of bankruptcy.

  1. US
    Josh Green
    Democratic Party
    1. My priority as governor was to expedite the agreement and to avoid protracted and painful lawsuits so as many resources as possible would go to those affected by the wildfires as quickly as possible.
    2. It will be good that our people don't have to wait to rebuild their lives as long as others have in many places that have suffered similar tragedies.

Hawaii Wildfires

  1. 66 people still missing after Maui fire, governor says
  2. Maui County sues power company over wildfire "failures"
  3. Biden tours "overwhelming" Hawaii wildfire damage amid criticism of his response

sources

  1. 1.CTV News
  2. 2.The Guardian
  3. 3.The Times of India
  4. 4.Associated Press

perspectives

  1. 1.Natural Disasters
  2. 2.Wildfire

countries

  1. 1.United StatesUS

organizations

  1. 1.Hawaiian Electric
  2. 2.Bishop Estate
  3. 3.Hawaiian Telcom
  4. 4.Kamehameha Schools
  5. 5.Spectrum/Charter Communications
  6. 6.US Bureau of Alcohol, Tobacco, Firearms and Explosives
  7. 7.West Maui Land Co

persons

  1. 1.Jake Lowenthal
  2. 2.Josh GreenUS
  3. 3.Gilbert Keith-Agaran
  4. 4.Sheelee Kimura
  5. 5.Thomas Leonard

technicals

  1. 1.Maui Island
Maui fires lawsuit settled for $4 billion global compensation