Gerald Singleton, managing Partner of Singleton Schreiber, was recently featured in The Center Square providing insight on the Maui Fire case, following the recent settlement agreement. The article discusses a tentative $4 billion settlement for the Maui fire, detailing the financial responsibilities of the parties involved, with the state of Hawaii expected to pay about 20% of the total. Key defendants, including Hawaiian Electric and Kamehameha Schools, will contribute significant amounts. Hawaiian Electric is expected to pay $1.99 billion, and Kamehameha Schools $872.5 million. The settlement requires legislative approval and resolution of insurance claims, and the payouts are expected to begin in mid-2025.
Gerald states, "Due to the scope of this disaster, the state will have to provide a great deal of assistance to the Maui community regardless of whether or not this deal goes through -- we believe this deal maximizes the contributions from other defendants, we believe it is in the state’s interest to approve it. Ultimately, however, that is a decision that will have to be made by the legislature and the governor."