Legal Battle Over Maui Wildfire Settlement A significant lawsuit has been initiated by victims of the 2023 Maui wildfires against insurance companies State Farm and Allstate Insurance. Filed last Friday in a Maui state court, the suit accuses these insurers of interfering with a proposed $4 billion settlement intended to support those impacted by last year’s disastrous fire. Insurers Seek Major Reimbursement According to Bloomberg, the tentative settlement of $4 billion, while significant, falls short of the estimated $5.5 billion in capital costs resulting from the fires, based on last…
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