Hawaii, along with its biggest power utility and other defendants, have reached a tentative agreement to pay over $4 billion to settle lawsuits related to devastating wildfires in Maui almost a year ago. The settlement, if approved, would cover approximately 450 lawsuits filed by homeowners and businesses affected by fires in Lahaina and Upcountry Maui. The wildfires caused an estimated $5 billion in damages and over 100 deaths in Lahaina, making it the deadliest in modern American history.
The proposed agreement involves the state of Hawaii, County of Maui, Hawaiian Electric, Kamehameha Schools, West Maui Land Co., Hawaiian Telcom, and Spectrum/Charter Communications. The settlement still requires court approval and is contingent on resolving insurance company claims.
This historic settlement is seen as a step towards healing and justice for the victims, ensuring they won’t have to wait through lengthy litigation processes. Payments are expected to start in mid-2025, pending approval from the Hawaii Legislature. The fires in West Maui last year destroyed homes, businesses, and the environment, leading to over 2,200 lawsuits against Hawaiian Electric for negligence and ignoring warnings of possible infernos on the island.
The settlement aims to provide closure and financial compensation to those affected by the wildfires, bringing a sense of relief and resolution to the ongoing legal battles.
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