HAWAII COURT RULING MAKES WAY FOR $4B MAUI WILDFIRE SETTLEMENT
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✍️ Hawaii's Supreme Court ruled that insurance companies cannot bring their own legal actions against those blamed for a 2023 wildfire on Maui, allowing a $4 billion settlement to proceed.
👉 Hawaii's Supreme Court ruled that insurance companies cannot bring their own legal actions against those blamed for a 2023 wildfire on Maui. 👉 The ruling allows a $4 billion settlement to proceed, which was on the verge of collapse. 👉 The settlement was announced last summer, but insurance companies held out, insisting they should have the right to pursue reimbursement separately. 👉 The ruling resolves a key roadblock to finalizing the deal, with work now focusing on the administrative claims process to determine awards based on the facts of each case.
-- #GeraldSingleton #JoshGreen #JesseCreed #JacobLowenthal #Hawaii #Maui #Lahaina #LosAngeles #world
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