Maui Wildfire Victims Reach $4 Billion Settlement

The agreement aims to resolve over 450 lawsuits and expedite compensation for the 2023 disaster's extensive damages.

The settlement involves seven defendants, including the state of Hawaii and Hawaiian Electric.
More than 2,200 affected parties filed lawsuits following the August 2023 wildfires.
The settlement still requires final court and legislative approval.
Payments are expected to begin by mid-2025, pending approval.
Officials hope the agreement will help the community heal and rebuild more quickly.