Hawaii Supreme Court Backs Settlement

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PBS

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Science

Hawaii court rules against insurance companies in Maui wildfire, allowing $4 billion settlement to proceed

Summary

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71% Informative

Hawaii 's Supreme Court ruled Monday that insurance companies can’t bring their own legal actions against those blamed for Maui ’s catastrophic 2023 wildfire.

The massive inferno that was the deadliest in the U.S. in more than a century decimated the historic town of Lahaina , killing more than 100 people, destroying thousands of properties and causing an estimated $5.5 billion in damage.

Insurance companies that want to recoup billions paid to policyholders by pursuing legal action against the defendants said in a statement they’re disappointed.

Insurers will have to prove to a judge that they deserve to be reimbursed because a policyholder received money from the settlement that was more than their claim.

Now that the ruling answered the subrogation question, work can focus on the administrative claims process to determine awards based on facts of each case.

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Neutral language

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semi-formal

Language

English

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not offensive

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not hateful