losses News

Lawyers Claim Cable TV and Phone Companies Also Responsible in Hawaii Fires

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 …

Lawyers Claim Cable TV and Phone Companies Also Responsible in Hawaii Fires

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 …

Things to Know About Lawsuits and Tourism a Month After Fire Leveled a Hawaii Community

Nearly a month after the deadliest U.S. wildfire in more than a century killed at least 115 people, authorities on Maui are working their way through a list of the missing that has grown almost as quickly as names have …

Climate Change Means Californians Need Flood Insurance Now, Too

Californians know wildfires and earthquakes; hurricanes, not so much. So when Tropical Storm Hilary inundated Southern California in normally bone-dry August, it showed just how exposed homeowners are to a growing financial risk from unpredictable climate-driven flooding. Standard homeowners insurance …

Hawaii Power Utility Takes Responsibility for First Fire on Maui, But Faults County Firefighters

Hawaii’s electric utility acknowledged its power lines started a wildfire on Maui but faulted county firefighters for declaring the blaze contained and leaving the scene, only to have a second wildfire break out nearby and become the deadliest in the …

Catastrophe Experts Discuss Maui’s Long Road to Recovery

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 …

Jury in California Awards $3.75M to Protester Hit by Hard-Foam Projectiles

A jury awarded $3.75 million in damages this week to a protester shot twice with hard-foam projectiles fired by Los Angeles police during demonstrations in 2020. Jurors ruled that the LA Police Department was negligent when one or more of …

Hawaiian Electric Calls Maui County’s Wildfire Lawsuit ‘Irresponsible’

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 …

Washington Commissioner’s Orders Insurers to Extend Policyholders Protections for Wildfires

Washington state Insurance Commissioner Mike Kreidler issued an emergency order requiring all property/casualty insurers to provide additional protections for policyholders impacted by the Gray and Oregon Road fires. The emergency order was made possible by Gov. Jay Inslee’s emergency declaration. …

Shareholders Sue Hawaiian Electric Over Maui Wildfires

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 …