Gov. Josh Green doubts that Hawaii’s insurance market will suffer from a Monday court decision supporting a tentative $4 billion Maui wildfire settlement, but he still sees merit in sharing settlement proceeds with insurers.

Hawaii’s Supreme Court has ruled that insurance companies can’t bring their own legal actions against those blamed for Maui’s catastrophic 2023 wildfire, the deadliest in the U.S. in more than a centu

A major roadblock to the $4 billion global settlement for the Maui wildfires has been cleared. A lawyer representing victims says it could mean that survivors receive their first settlement payments by the end of the year.

A historic settlement can begin flowing to people and businesses affected by the fire, but consequences for the insurance market are unclear.

HONOLULU (HawaiiNewsNow) - In a remarkably quick ruling, the Hawaii Supreme Court has unanimously ruled that the $4 billion settlement of the Maui wildfire can not be blocked by insurance companies. The ruling means that the Maui circuit court can begin the process of finalizing individual payments to survivors and families of those who died.

Attorney Kale Feldman joins producer/host Coralie Chun Matayoshi to discuss whether insurance companies have a right to sue defendants (e.g. HEI, Kamehameha Schools) in the Maui wildfire settlement to recover payouts to their insurers (right of subrogation),

The Hawaiʻi Supreme Court has ruled that insurance companies can’t bring their own legal actions against those blamed for Maui’s catastrophic 2023 wildfire, the deadliest in the U.S. in more than a century.

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