Hawaiian Electric Industries Inc. News

Hawaiian Electric Pegs Loss at $1.7 Billion From Maui Fire

Hawaiian Electric Industries Inc. pegged losses from estimated accrual of liabilities stemming from one of the worst wildfires in US history at $1.7 billion and issued a going-concern warning. Hawaiian Electric said last week that it had agreed to pay …

Maui Fire Victims Pursue Legal Tactic That Led to $13.5B California Settlement

Hawaii property owners are seizing on a legal shortcut used by fire victims in California to secure compensation from Hawaiian Electric Industries Inc. for damages following the fires that ravaged Maui. The strategy, which doesn’t require proving negligence, helped push …