Hawaiian Electric Says Court Ruling “Derails” Insurers’ Effort to Block Maui Wildfire Settlement
Two years after the Maui wildfire, Hawaiian Electric is restructuring its post-event capital stack, combining convertible debt financing with emerging state liability limits to contain wildfire exposure.
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Berkshire's Abel Says Energy Holdings Can't Be a "Deep Pocket" For Growing Wildfire Risk
In his first shareholder letter, Berkshire CEO Greg Abel draws a firm line on wildfire liability for energy holdings, even as Berkshire's own insurance operations absorbed nearly $1.8 billion in underwriting losses tied in part to the 2025 Los Angeles fires.
