Hawaii, its largest power utility, and other defendants have tentatively agreed to pay more than $4 billion to settle approximately 450 lawsuits stemming from devastating wildfires in Maui nearly a year ago. The wildfires, the deadliest in modern American history, caused an estimated $5 billion in damages, with over 100 deaths in Lahaina. The proposed settlement, once approved, will resolve all tort claims arising from the wildfires and help victims heal without unnecessary delays in litigation.
The agreement involves seven defendants, including the state of Hawaii, County of Maui, Hawaiian Electric, Kamehameha Schools, and others. The state’s contribution to the settlement will need approval from the Legislature, with payments expected to begin in mid-2025. The resolution is also contingent on resolving insurance company claims that have already been paid.
The fires in Maui began on August 8, 2023, and destroyed homes, businesses, and the environment. Approximately 2,200 parties filed lawsuits following the fires, with hundreds of suits against Hawaiian Electric accusing negligence and ignoring warnings of a potential catastrophic inferno. The for-profit company serves 95% of the state’s electric customers.
Governor Josh Green called the proposed settlement a historic agreement that will help the people of Maui heal and move forward. While a final settlement still needs court approval, this initial agreement marks a significant step towards resolving the aftermath of the devastating wildfires in Maui.
Photo credit
www.nbcnews.com
