Hawaii wildfire settlement

Hawaii has reached a tentative $4 billion settlement to resolve approximately 450 lawsuits related to the devastating wildfires that struck Maui in August 2023, resulting in over 100 deaths and extensive damage to the historic town of Lahaina. The agreement involves multiple defendants, including the State of Hawaii, County of Maui, and Hawaiian Electric, which will pay the largest share at $1.99 billion. Governor Josh Green emphasized the swift resolution, stating it reflects Hawaii's community spirit in times of crisis. Although the settlement avoids an admission of liability, it is contingent upon judicial approval and resolution of claims from insurance companies. The total recovery costs are projected to approach $12 billion when factoring in insurance claims and government support. Payments to survivors are expected to commence by mid-2025, offering much-needed resources to the affected families.