Hawaii court rules against insurance companies in Maui wildfire, allowing $4B settlement to proceed [Yahoo! Finance Canada]
Hawaiian Electric Industries, Inc. (HE)
Last hawaiian electric industries, inc. earnings: 11/1 06:00 am
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Source: Yahoo! Finance Canada
Other steps remain in finalizing the deal between thousands of people who lodged lawsuits and various defendants, including Hawaiian Electric Company. A settlement was announced last summer, but insurance companies held out, insisting that they should have the right to go after the defendants separately to recoup money paid out to policyholders. Monday's ruling resolves a key roadblock to finalizing the deal and sends the case back to a Maui judge to determine next steps. A representative for the insurance companies said he would get back to the The Associated Press to comment on the ruling and whether they will ask for review at the U.S. Supreme Court. A key question that was before Hawaii Supreme Court was whether state laws controlling health care insurance reimbursement also apply to casualty and property insurance in limiting companies' ability to pursue independent legal action against those held liable. The justices answered yes. Gerald Singleton, one of the attorney
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News
- Is Hawaiian Electric Industries' 2025 Rebound Justified After Wildfire Liability Concerns? [Yahoo! Finance]Yahoo! Finance
- Hawaiian Electric Industries (NYSE:HE) had its "hold" rating reaffirmed by analysts at Jefferies Financial Group Inc..MarketBeat
- Hawaiian Electric Industries (NYSE:HE) was given a new $12.00 price target on by analysts at Jefferies Financial Group Inc..MarketBeat
- Is Hawaiian Electric Industries, Inc.'s (NYSE:HE) ROE Of 7.1% Concerning? [Yahoo! Finance]Yahoo! Finance
- Profit and debt will fund $2B in Hawaiian Electric ventures [Yahoo! Finance]Yahoo! Finance
HE
Earnings
- 2/21/25 - Miss
HE
Sec Filings
- 12/10/25 - Form SCHEDULE
- 11/7/25 - Form 10-Q
- 11/7/25 - Form 8-K
- HE's page on the SEC website