losses News

Maui Fire Victims Pursue Legal Tactic That Led to $13.5B California Settlement

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 …

Moody’s RMS Estimates $4B to $6B in Economic Losses from Hawaii Wildfires

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, …

Tropical Storm Hilary Damage and Economic Loss Estimate in Western U.S. is $7B to $9B

AccuWeather’s preliminary estimate of the total damage and economic loss from Tropical Storm Hilary in the U.S. is $7 to $9 billion. Hilary brought widespread flooding through Southern California, washing out roads and bridges, flooding cars and homes, and shutting …

One Dead, 185 Structures Destroyed in Eastern Washington Wildfire

A wind-driven wildfire in eastern Washington state had destroyed at least 185 structures, closed a major highway and left one person dead over the weekend. The blaze began shortly after midday Friday on the west side of Medical Lake, about …

Hawaii Wildfires Killed at Least 111, Burned 2K-Plus Homes and Businesses

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 …

Hawaii Fire Deaths Exceed 100 as Scale of Disaster Continues to Come into Focus

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 …

Estimate of Losses From Devastating Hawaii Wildfires Increases to $14B-$16B

AccuWeather increased its estimate of the total damage and economic loss from the devastating wildfires burning in Hawaii to $14 to $16 billion. The update follows AccuWeather’s preliminary estimate last week of total damage and economic loss of $8-10 billion. …

At Least 55 Died in Hawaii Fires, Thousands of Structures Exposed

Wildfires on Maui have killed at least 55 people and wiped out a historic town, exposing thousands of structures in a disaster that could end up exceeding early damage and loss estimates of more than $8 billion. The Associated Press …

AccuWeather: Damage and Economic Loss from Wildfires in Hawaii $8B to $10B

AccuWeather’s preliminarily estimate of the total damage and economic loss from the wildfires burning in Hawaii is from $8 billion to 10 billion. The worst of the fires hit the Island of Maui, with the Lahaina area especially hard hit. …

At Least 36 Killed, Hundreds of Properties Destroyed in Hawaii Fires

Thousands of Hawaii residents raced to escape homes on Maui as blazes swept across the island, destroying parts of a centuries-old town and killing at least 36 people. The fire left behind burned-out cars on once busy streets and smoking …