Hawaiʻi Supreme Court Clears Way For $4 Billion Maui Wildfire Settlement

A historic settlement can begin flowing to people and businesses affected by the fire, but consequences for the insurance market are unclear. A $4.04 billion agreement to resolve Maui wildfire lawsuits can move forward despite objections from the insurance industry, the Hawaiʻi Supreme Court ruled Monday, allowing the historic settlement to begin flowing to more…