More than 140 insurance industry plaintiffs have joined the cascade of lawsuits filed against utilities and landowners related to the Maui wildfires, a move that could set up a battle over resources available to pay victims of the disaster that killed 100 people and destroyed much of Lahaina in August.
Tag: Maui wildfire
Insurers Paid $676.3M in Residential Claims From Maui Fires Through Sept. 30
Insurers have paid out $676.3 million in claims for residential damage in two sites in Maui, Hawaii, related to the August wildfires, according to the office of Gov. Josh Green.
Allstate Announces August 2023 Catastrophe Losses
Allstate today announced estimated catastrophe losses for the month of August of $551 million or $435 million, after-tax.
Maui Wildfires Expected to Be Second-Largest Insured Loss in State History
Wildfires burning since Aug. 8 on Hawaii’s Maui Island will likely result in the second-largest insured loss in the state’s history, according to a brief from catastrophe modeling firm Karen Clark & Company (KCC).