September 7, 2023
After a visit to a warehouse where Hawaiian Electric Company is housing power poles and electrical equipment that may be key to the investigation of last month`s devastating fires on Maui, lawyers for Lahaina residents and business owners told a …
September 7, 2023
After a visit to a warehouse where Hawaiian Electric Company is housing power poles and electrical equipment that may be key to the investigation of last month`s devastating fires on Maui, lawyers for Lahaina residents and business owners told a …
August 29, 2023
While wildfire search and rescue efforts continued in Maui, a group of CoreLogic experts gathered online last week to discuss the island’s road to recovery through an insurance lens. Panelists analyzed the disaster’s uncertain billion-dollar price tag as well as …
August 29, 2023
Hawaiian Electric HE.N said the lawsuit filed against it by the county of Maui was “factually and legally irresponsible,” pointing to the county’s responsibility in the Hawaii wildfires. The company’s shares jumped 30.2% to $12.58 in premarket trading. The stock …
August 25, 2023
The county of Maui, Hawaii, on Thursday sued Hawaiian Electric HE.N accusing the power company of acting negligently by failing to shut down its equipment despite warnings hurricane winds could knock power lines down, sparking wildfires. The county said downed …
August 24, 2023
Shareholders of Hawaiian Electric HE.N on Thursday filed a lawsuit against the utility provider in a San Francisco federal court, alleging the company’s failure to disclose important information about its wildfire prevention and safety protocols. Hawaiian’s protocols and procedures were …
August 23, 2023
Hawaii property owners are seizing on a legal shortcut used by fire victims in California to secure compensation from Hawaiian Electric Industries Inc. for damages following the fires that ravaged Maui. The strategy, which doesn’t require proving negligence, helped push …
August 22, 2023
Moody’s RMS issued estimates on Tuesday showing economic losses from the recent Lahaina Conflagration and Kula wildfires in Hawaii at $4 billion to $6 billion. The loss estimate reflects property damage, contents, and business interruption, across residential, commercial, industrial, automobile, …
August 18, 2023
The Hawaii wildfires have killed at least 111 people with many still unaccounted for, and they have burned more than 2,000 burned homes and businesses. CNN reported that Hawaii Gov. Josh Green said it’s likely that more than 1,000 residents …
August 16, 2023
Hawaii Gov. Josh Green announced the confirmed death toll had risen from the destructive wildfires in the island-state to more than 100 in an late Tuesday, saying, “We are heartsick that we’ve had such loss.” The Associated Press is reporting …