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What will be the compensation amount Hawaiian Electric pays for Maui wildfires by end of 2024?
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Resolution / Starting Odds
Under $100 million • 25%
$100 million to $500 million • 25%
$500 million to $1 billion • 25%
Over $1 billion • 25%
Official settlement announcements and court records
Story
Re-energized Broken Power Lines Caused Deadly Maui Wildfires, ATF and Fire Department Report
Oct 2, 2024, 11:54 PM
A new investigation by the Maui Fire Department and the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), released on Wednesday, has concluded that re-energized broken power lines were the primary cause of the deadly August 2023 wildfires in Maui, Hawaii. The fires, which devastated the historic town of Lahaina and resulted in the deaths of at least 102 people, erupted when Hawaiian Electric re-energized broken power lines, igniting vegetation around utility poles. The initial brushfire was believed to have been extinguished by firefighters but later reignited due to the re-energized broken power lines. Contributing factors included overgrown vegetation near the utility infrastructure. Hawaiian Electric has issued a statement in response to the report released by the Maui Fire Department.
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Less than $4 billion • 25%
$4 billion to $4.5 billion • 25%
$4.5 billion to $5 billion • 25%
More than $5 billion • 25%
Yes • 50%
No • 50%
Approved • 33%
Rejected • 33%
Pending • 34%
Insurance payouts • 25%
Company reserves • 25%
Government assistance • 25%
Loans or new debt issuance • 25%
Increase by more than 20% • 25%
Increase by 10-20% • 25%
Increase by less than 10% • 25%
Decrease or no change • 25%
Yes • 50%
No • 50%
Resolved favorably for Hawaiian Electric • 25%
Resolved unfavorably for Hawaiian Electric • 25%
Partially resolved with mixed outcomes • 25%
No resolution by the end of 2025 • 25%
Settlement finalized • 25%
Settlement delayed • 25%
Settlement amount changed • 25%
Settlement canceled • 25%
Homeowners • 25%
Businesses • 25%
Other plaintiffs • 25%
Equally distributed • 25%
Hawaiian Electric • 25%
State of Hawaii • 25%
Maui County • 25%
Other defendants • 25%