LegalApr 10, 2026, 03:21 PM
Hawaiian Electric Finalizes Maui Wildfire Settlement Conditions
AI Summary
Hawaiian Electric Industries and Hawaiian Electric Company announced that the final condition for their November 1, 2024 settlement agreements was met on April 10, 2026. These agreements are designed to resolve all tort-related claims stemming from the 2023 Maui windstorm and wildfires. The final condition was satisfied when a December 30, 2025 judgment on subrogation claims, obtained by HEI and Hawaiian Electric against over 200 insurers, became final and unappealable after all insurers stipulated to dismiss their appeals.
Key Highlights
- Final condition met for 2024 settlement agreements on April 10, 2026.
- Settlement agreements resolve tort claims from 2023 Maui wildfires.
- Judgment on subrogation claims became final and unappealable.
- Over 200 insurers dismissed appeals of the December 30, 2025 judgment.