Hawaii announces $4 bn settlement in wildfire lawsuits
The Peninsula
San Francisco: A $4 billion settlement has been reached to end thousands of lawsuits filed in the wake of devastating wildfires on Maui nearly one yea...
San Francisco: A $4 billion settlement has been reached to end thousands of lawsuits filed in the wake of devastating wildfires on Maui nearly one year ago, the governor of Hawaii announced Friday.
Defendants including the state of Hawaii, Maui County, and Hawaiian Electric utility will pay the money to compensate victims - including about 2,200 who filed lawsuits - for losses from deadly wildfires on the island of Maui.
"This Global Settlement of over $4 billion will help our people heal," Hawaii Governor Josh Green said in a release.
"Settling a matter like this within a year is unprecedented, and 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."
The settlement was reached after four months of mediation, but must be approved by a judge to become final.
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