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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Pershing Files for $10B IPO as Vantage Deal Puts Insurance at Center of Ackman's Strategy
Pershing Square's IPO filing confirms the $2.1 billion Vantage acquisition and reveals insurance companies as anchor investors — while flagging the deal as a distraction risk to the fund itself.