Maui Fire Caused by Broken Power Lines, County and US Find October 3, 2024 By Mark Chediak The fire that razed the historic Maui town of Lahaina last year was caused when Hawaiian Electric Industries Inc. re-energized...
Hawaii Probe Finds No Single Factor Led to Maui Wildfire Losses September 16, 2024 By Mark Chediak No single factor led a fire in the seaside Hawaiian town of Lahaina last year to rage out of control...
Hawaiian Electric Pegs Loss at $1.7 Billion From Maui Fire August 12, 2024 By Mark Chediak Hawaiian Electric Industries Inc. pegged losses from estimated accrual of liabilities stemming from one of the worst wildfires in US...
Hawaiian Electric Settles Fire Claims as Part of $4 Billion Deal August 2, 2024 By Mark Chediak The parties involved in Lahaina wildfire lawsuits against the state of Hawaii, Maui County and utilities are close to a...
Houston Utility Slammed Over Fumbled Response to Beryl Power Outages July 22, 2024 By Mark Chediak, Naureen S. Malik and Tope Alake Thousands of people in the Houston area were still without power more than a week after Hurricane Beryl tore through...
Wildfire Threats Make Utilities Uninsurable in US West June 25, 2024 By Mark Chediak Trinity Public Utilities District’s power lines snake through the lower reaches of the Cascade Range, a rugged, remote and densely...
Texas Lawmakers Fault Xcel Power Pole in State’s Largest Fire May 2, 2024 By Mark Chediak The worst wildfire in Texas history was sparked by a power pole and lines owned by Xcel Energy Inc. that...
‘Buffett Got it Wrong’ on California Fire Risk: PG&E CEO April 29, 2024 By Mark Chediak Warren Buffett’s warning that wildfires have turned utilities across the western US into risky investments is mistaken — at least...
Wildfires Are Upending Some of the Safest Bets on Wall Street April 18, 2024 By Mark Chediak and Olivia Raimonde When the Texas Panhandle went up in flames this winter, the news spread fast on Wall Street. An electric utility...
Maui Fire Officials Defend Response to Deadly Lahaina Blaze April 17, 2024 By Michelle Ma and Mark Chediak Maui Fire Department officials defended their initial response to what became the deadliest fire in Hawaii history, saying they stayed...