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S&P Global downgraded Hawaiian Electric and all of its subsidiaries to BB-, after a class action lawsuit alleged that strong winds knocked over the electric company’s energized power lines ...
Maui County filed a lawsuit Thursday against Hawaiian Electric Company and its subsidiaries, alleging that the utility company’s negligence caused the devastating wildfires that burned thousands ...
(Reuters) -Hawaiian's largest utility said on Friday it had agreed to pay roughly half of a more than $4 billion legal settlement that will compensate victims of last year's deadly Maui wildfires.
The risks were outlined in Hawaiian Electric news releases, documents it filed to the state, and in its own expenditure plans, and the lawsuit alleges that the firm’s downed lines and grid ...
Shares of Hawaiian Electric Co.'s parent fell more than 18% by market close Friday, one day after the utility was sued by Maui County over the fires that devastated Lahaina earlier this month.
Hawaiian Electric’s stock tumbled to a 13-year low Monday morning, plummeting nearly 40% after a class action lawsuit filed over the weekend alleged that Maui’s devastating wildfires were ...
Insurance companies with claims against Hawaiian Electric tied to hundreds of Maui wildfire lawsuits largely prevailed Friday in court on an issue that could affect when and how they share damage ...
Maui County sued Hawaiian Electric Company on Thursday over the fires that devastated Lahaina, saying the utility negligently failed to shut off power despite exceptionally high winds and dry ...