Class Action,
Environmental & Energy
Aug. 6, 2024
Battle with insurers follows $4.03B Maui fire settlement
Insurance companies want to be repaid what they paid to their customers from the settlement fund defendants agreed to set up for victims. The issue is whether there is enough to make all the plaintiffs completely whole.
The nearly global settlement of $4.03 billion for some 600 individual and class victims of fires in Maui last year was the result of hard work by lawyers and mediators but there is still a big battle ahead, said a major plaintiffs' lawyer who helped reach the deal.
"It's not time to pat anybody on the back till we can start getting people paid," said Frank Pitre of Cotchett, Pitre & McCarthy in San Francisco. "There is still a big battle because the insu...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In