Hawaiian court spurns insurer objections to $4bn fire settlement
Proposed settlement will see more than 1,000 home and business owners who lost their properties receive $1.99bn from Hawaii Electric, $872.5m from Kamehameha Schools and around $800m from the state of Hawaii
Unanimous ruling from Hawaii Supreme Court means insurers cannot pursue subrogation claims against Hawaii Electric and others in lawsuits tied to 2023 Maui wildfires