Maui wildfire victims reach $4 billion settlement resolving hundreds of lawsuits
CBSN
The parties in lawsuits seeking damages for last year's Maui wildfires have reached a $4 billion global settlement, a court filing said Friday, nearly one year after the deadliest U.S. wildfire in more than a century.
The office of Hawaii Gov. Josh Green confirmed the $4.037 billion settlement, saying in a news release that it was reached after more than four months of mediation. His office said it "resolves approximately 450 lawsuits that were filed by individuals, businesses, and insurance companies in state and federal courts for fires in Lahaina and Upcountry Maui."
The seven co-defendants involved in the settlement include the state of Hawaii, Maui County, Hawaiian Electric, Kamehameha Schools, West Maui Land Co., Hawaiian Telcom and Spectrum/Charter Communications.
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