Latest Hawaii Headlines
All the headlines from our Hawaii Topic Page, ordered by recency.
Hawaii Proposes 16.8 Percent Workers’ Comp Loss Cost Decrease
Sep 13 2007 // The National Council on Compensation Insurance has filed a request to decrease workers’ compensation loss costs in Hawaii by 16.8 percent, beginning Jan. 1, 2008, according to the state Department of Commerce and...
Business Moves
Sep 3 2007 // Hawaii, DTRIC Insurance Underwriters Hawai’i State Insurance Commissioner J.P. Schmidt announced the launch of DTRIC Insurance Underwriters Ltd. (DIU), an “A-” rated company and subsidiary of local...
Ratings Roundup: Dongbu (Hawaii); SPARTA; Benicorp
Aug 16 2007 // Standard & Poor’s Ratings Services has assigned its ‘BBB+’ insurer financial strength rating to Dongbu Insurance Co. Ltd. (Hawaii Branch) with a stable outlook. “The rating reflects Dongbu...
Hawaii Dongbu Branch Rated “BBB+”
Aug 16 2007 // Standard & Poor’s Ratings Services has assigned its ‘BBB+’ insurer financial strength rating to Dongbu Insurance Co. Ltd. – Hawaii Branch. The outlook on the rating is stable. S&P said the...
Magnitude 5.3 Earthquake Jolts Hawaii’s Big Island
Aug 15 2007 // An earthquake on Monday jolted the Big Island of Hawaii, which is already under a hurricane watch and a tropical storm warning. The magnitude 5.3 temblor struck at 7:38 p.m. local time, about 25 miles south of Hilo,...
Category 4 Hurricane Flossie Keeps to Its Path Toward Hawaii
Aug 14 2007 // Hurricane Flossie roared toward Hawaii on Monday with its sustained wind increased to 140 mph, though forecasters said the Category 4 storm would weaken before passing by the islands. The hurricane was expected to pass...
Hawaii Commissioner Announces New Commercial Lines Provider
Aug 7 2007 // Hawai’i State Insurance Commissioner J. P. Schmidt announced the launch of DTRIC Insurance Underwriters Ltd. (DIU), an “A-” Best Rated Co and subsidiary of local insurance provider DTRIC Insurance. The...
Disaster Training Center Proposed for Hawaii
Aug 2 2007 // The country’s only dedicated center for natural disaster preparedness could be located at the University of Hawaii’s Manoa campus. Plans for the training center at the university were included in a conference...
Insurance Companies Drop Hawaii Auto Premiums
Jul 19 2007 // Hawaii auto insurance companies are dropping their Hawaii rates as local traffic accidents and claims fall. Insurance Commissioner J.P. Schmidt said the state has approved rate reductions for four major carriers in Hawaii...
Hawaii Governor Vetoes Workers’ Comp Bills
Jul 12 2007 // The Hawaii Legislature has failed to override Gov. Linda Lingle’s vetoes of two workers’ compensation bills. A two-thirds majority vote was required in both the House and Senate to override the vetoes. Both...
Iowa Hawkeye Honors Agencies with 2006 Chairman’s Award
Jun 28 2007 // Iowa-based Hawkeye-Security Insurance, a member of Liberty Mutual Group’s Agency Markets business unit, recently recognized its highest performing agencies with the 2006 Chairman’s Award at meetings held in...
Study: Hawaii Tops the Nation in Providing Health Care
Jun 15 2007 // A national study says Hawaii does better than any state providing health care to its residents. A New York-based private foundation that promotes health care compared how states measured in 32 medical areas between 2002...
Hawaii $151 Million Unemployment Tax Cut Package Becomes Law
Jun 7 2007 // A package passed by Hawaii lawmakers that would save businesses an estimated $151 million over the next three years has become law. The new law, which takes effect Jan. 1, 2008, will drastically cut the taxable wage base...
Hawaii Producer’s License Revoked
May 22 2007 // Hawaii State Insurance Commissioner J. P. Schmidt has revoked the insurance producer license of Amy Pohaiokalani Fernandez (aka Amy Pohaiokalani Waikiki and Pohai Waikiki) and fined her $20,000. Commissioner Schmidt...
Hawaii Gov. Lingle vetoes workers’ comp bill
May 21 2007 // Hawaii Gov. Linda Lingle handed state employers a victory this month, when she vetoed House Bill 854. The bill would have required wage loss or temporary total disability payments continue to be paid even during a dispute,...
Hawaii Gov. Lingle vetoes workers’ comp bill
May 21 2007 // Hawaii Gov. Linda Lingle handed state employers a victory this month, when she vetoed House Bill 854. The bill would have required wage loss or temporary total disability payments continue to be paid even during a dispute,...
Business Moves
May 7 2007 // Aviva The U.K.-based Aviva Group announced plans to expand in Russia. One year ago, the company launched Aviva Russia, and it is now poised to enter the direct sales market with its Moscow-based direct sales force. The...
Chamber of Commerce seeks veto of HI workers’ comp bill
May 7 2007 // The Hawaii Legislature has passed a bill on temporary total disability benefits for workers’ compensation that the Chamber of Commerce is saying will increase business costs, because employers would not be able to...
New Markets
May 7 2007 // My New Markets Commercial Auto Nuts & Bolts: Arrowhead General Insurance Agency Inc. has a commercial auto liability and physical damage coverage program for the standard market. Extra heavy vehicles are accepted, and...
Hawaii DOI Takes Back Control of Insurance Rates
May 2 2007 // Hawaii lawmakers are prepared to approve a bill Tuesday that brings back government oversight of health insurance rates a year after they deregulated them. Members of both houses of the Legislature have agreed on a final...