Insurance Giants Clash Over $4 Billion Maui Fire Settlement

Maui Fire Settlement

Cause of the Maui Fire: An Accidental Tragedy A recent joint federal-state report has clarified the origins of the devastating wildfire that swept through Lahaina, Maui, last year. According to the investigation conducted by the federal Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) and Maui’s fire department, the disaster began when high winds knocked down power lines, sparking a brush fire. This fire later raged uncontrollably, leading to the destruction of the historic town of Lahaina, causing at least 102 fatalities, and resulting in an estimated $5 billion in…

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