Hawaii court rules against insurance companies in Maui wildfire, allowing $4B settlement to proceed
Monday's ruling resolves a key roadblock to finalizing the deal and sends the case back to a Maui judge to determine next steps.
A representative for the insurance companies said he would get back to the The Associated Press to comment on the ruling and whether they will ask for review at the U.S. Supreme Court.
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A key question that was before Hawaii Supreme Court was whether state laws controlling health care insurance reimbursement also apply to casualty and property insurance in limiting companies' ability to pursue independent legal action against those held liable. The justices answered yes.
Gerald Singleton, one of the attorneys representing the plaintiffs, said they're still trying to make sense of the ruling but are pleased with it. 'Now the settlement can take the next step forward,' he said.
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2 days ago
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Carrier411 CEO cancels Mexico-based account over LA protests
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2 days ago
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2 days ago
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