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Will the $4 billion settlement for the 2023 Maui wildfire claims be finalized by August 7, 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement from Hawaii Governor's office or major news outlets
Story
Hawaii Nears $4 Billion Settlement for 2023 Maui Wildfire Claims, Aiding Hawaiian Electric
Jul 31, 2024, 11:00 PM
Hawaii Governor Josh Green announced that parties involved in the Lahaina wildfire lawsuits against the state of Hawaii, Maui County, and utilities are nearing a global settlement. The settlement, which is expected to be finalized next week, will be worth a little over $4 billion. This settlement aims to address the claims arising from the 2023 Maui wildfire. The resolution could also prevent Hawaiian Electric from facing bankruptcy, as insurers' rights to reimbursement are a key factor in the negotiations.
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Yes • 50%
No • 50%
Approved • 33%
Rejected • 33%
Pending • 34%
Settlement finalized • 25%
Settlement delayed • 25%
Settlement amount changed • 25%
Settlement canceled • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
State of Hawaii • 25%
Maui County • 25%
Hawaiian Electric • 25%
Other • 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%
State of Hawaii • 25%
Maui County • 25%
Hawaiian Electric • 25%
Insurance Companies • 25%
Homeowners • 25%
Businesses • 25%
Other plaintiffs • 25%
Equally distributed • 25%