Hawaiian Electric Among Firms in $4 Billion Maui Fire Deal (3)

Hawaiian Electric Industries Inc. is among the companies that have tentatively agreed to pay more than $4 billion to resolve hundreds of lawsuits over the wildfires that ripped through Maui last year, according to people familiar with the deal.

The proposed accord, which still awaits final approval, would settle suits on behalf of thousands of homeowners and businesses against Hawaiian Electric, which operates the utility on the island, said the people, who declined to be identified because they aren’t authorized to speak publicly about the agreement.

Residents search for items after the wildfire destroyed a home in Lahaina, Hawaii.

Photographer: Mario Tama/Getty Images

Other defendants covered by the tentative settlement include a unit of cable provider ...