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Maui wildfire victims reach proposed $4-billion settlement deal with Hawaiian officials, utility company https://t.co/AnDFsmfnyM
Hawaiian Electric (HE) up in after hours trading…
*****HAWAIIAN ELECTRIC AMONG FIRMS EYEING $4 BILLION MAUI FIRE DEAL*** Which is a bank, btw @markets
Hawaiian Electric is among the companies that have tentatively agreed to pay more than $4 billion to resolve hundreds of lawsuits over the wildfires that devastated Maui last year. The Maui fire settlement, which involves companies, Hawaiian officials, and government agencies, aims to address the claims of wildfire victims. The deal is still being finalized, according to sources familiar with the matter.