Latest Hawaii Headlines
All the headlines from our Hawaii Topic Page, ordered by recency.
Universal Insurance Holdings To Purchase ICAT Specialty Insurance
Jun 8 2009 // Universal Insurance Holdings of North America and ICAT Holdings LLC of Boulder, Colo., have received regulatory approval that completes Universal North America’s purchase of ICAT Specialty Insurance Co. (ISIC). Under...
Pretty Normal Hawaii Hurricane Season Forecast
May 27 2009 // The Central Pacific Hurricane Center in Hawaii is forecasting three to five tropical cyclones forming in the central Pacific during the 2009 hurricane season, which begins June 1. An average season has four or...
New Markets
May 18 2009 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Livestock Mortality Insurance Market...
Hawaii to Expand Insurance Fraud Unit
May 11 2009 // The Hawaii legislature has voted to expand the jurisdiction of the state’s insurance fraud unit. HB 262 will expand the authority of the insurance division’s insurance fraud investigations unit, rename the...
Hawaii’s Big Island Rattled by Strong Earthquake
Apr 21 2009 // Officials say a strong earthquake shook parts of Hawaii’s Big Island but no damage has been reported. U.S. Geological Survey’s Hawaiian Volcano Observatory says a temblor with a magnitude of 5.0 struck Tuesday,...
University of Hawaii Looking at New Insurance Program
Apr 20 2009 // The University of Hawaii will conduct a feasibility study to determine the viability of establishing and operating an owner controlled insurance program. The study was approved by the UH Board of Regents. Such a program...
Hawaii Commissioner: State Based Insurance Regulation Works
Apr 13 2009 // There’s a need for state-based insurance regulation, according to Hawaii Insurance Commissioner J. P. Schmidt. Speaking to professors and experts in finance from around the world in his keynote speech at the 16th...
Hawaii Re-Issuing Licenses for Personal Lines Insurance
Apr 6 2009 // The Hawaii Insurance Division is re-issuing license certificates to resident and nonresident insurance producers who sell personal lines insurance. The Homeowners-Personal Lines (HO-PL) and Vehicle-Personal Lines (VE-PL)...
Hawaii Re-Issuing Licenses for Personal Lines Insurance Producers
Mar 26 2009 // The Hawaii Insurance Division is re-issuing license certificates to resident and nonresident insurance producers who sell personal lines insurance. The Homeowners-Personal Lines (HO-PL) and Vehicle-Personal Lines (VE-PL)...
It Figures
Mar 23 2009 // $1 Billion The effects of the widespread peanut butter recall could cost rural America’s peanut producers $1 billion in lost production and sales, according to testimony at a House subcommittee hearing. That could be...
Hawaii Considers Tort Reform in Medical Malpractice
Mar 10 2009 // The amount of money that could be won in court for noneconomic damages in medical malpractice cases would be limited under a proposal being advanced by Hawaii lawmakers. The limits would be set by a task force. The House...
Hawaii Lawmakers Advance Cap on Medical Malpractice Awards
Mar 6 2009 // A bill to put caps on damages in medical malpractice cases is making its way through the Hawaii Legislature. The measure approved by the House Judiciary Committee is supported by doctors. The committee had rejected similar...
Hawaii Commissioner Warns Producers About Certificates of Insurance
Feb 2 2009 // Hawaii Insurance Commissioner J.P. Schmidt is warning property and casualty producers doing business in Hawaii not to modify certificates of insurance without the consent of the insurer. According to the Commissioner, it...
Proposed Pit Bull Ban Concerns Hawaii Dog Owners
Jan 30 2009 // Dog lovers are concerned over a bill in the Hawaii Legislature that would ban ownership of pit pulls. The bill was introduced by Senate President Colleen Hanabusa in the wake of an attack on a police officer by a...
1 in 8 Hawaii Drivers Uninsured, More to Come
Jan 26 2009 // One out of eight Hawaii drivers is uninsured, and a new study says that is likely to increase as the economy crumbles. The study by the Insurance Research Council looks at data from 2007 of claims filed against uninsured...
Hawaii Auto Insurance Fraud Convictions Increase 61%
Jan 14 2009 // The Insurance Fraud Investigation Unit of the Hawaii State Department of Commerce and Consumer Affairs experienced a 61 percent increase in criminal convictions for motor vehicle insurance fraud in 2008 over the previous...
President Provides Federal Aid for Hawaii Storms
Jan 7 2009 // President George W. Bush has declared Oahu and Kauai disaster areas, an action that provides federal aid to individuals and businesses, and for repair of public facilities damaged by mid-December storms. The aid does not...
Hawaii Governor Asks Bush to Declare Oahu, Kauai Disaster
Dec 30 2008 // Hawaii Gov. Linda Lingle is asking President Bush to declare Oahu and Kauai disaster areas to help the islands recover from recent heavy rains, flooding and high winds. Lingle said on Christmas Eve, more than 500 Oahu...
Hawaii Tallies Latest Flood Damage
Dec 22 2008 // The rains have subsided and now residents of Oahu and Kauai are cleaning up and assessing the damage from last weekend’s downpours. Ray Lovell, state Civil Defense spokesman, said personal property damage on Oahu...
Best Affirms First Hawaii ‘A’ Ratings
Dec 18 2008 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of First of Hawaii Group and its members. The outlook for all ratings is...
