Insurance agents and executives have a lot to worry about as the fast-paced virtual economy takes hold. According to futurist Edie Weiner, they are right to be worried. She says there are a lot of risks ahead and given the …
The commercial property/casualty market continued to soften during the third quarter, with indications that some insurers are finding an appetite for business in which they previously were not interested, according to the latest commercial market index survey by The Council …
Hawaii’s tsunami warning system has serious deficiencies in reliability and coverage area, according to state emergency officials. About 100 of the tsunami sirens don’t have emergency backup power, meaning they wouldn’t make a sound if an earthquake caused widespread blackouts, …
The Hawaii County Council has voted to waive standard construction permit requirements for emergency repairs as the total damage estimate for the Big Island neared $100 million. The council adopted an emergency ordinance that allows homeowners and businesses directly affected …
The Hawaii Department of Commerce and Consumer Affairs Insurance Division has issued a notice to residents that some relief for earthquake related losses may be available under homeowners’ policies. “As you already know, earthquake insurance coverage is not included in …
The Federal Emergency Management Agency has approved relief and recovery assistance to Big Island victims of the recent earthquake in Hawaii, said Gov. Linda Lingle on Oct. 23. The aid may include grants for temporary housing, home repairs and other …
Additional aftershocks are possible in the days and weeks ahead after a series of four small earthquakes shook the BBar Harbor, Maine area last Sunday. The tremors were normal aftershock activity from an Oct. 2 quake with a magnitude of …
From holding the line on new reforms to reducing uninsured motorists, a fair share of work lurks ahead for California’s soon-to-be-chosen insurance commissioner. Front-runners fighting for the honor of regulating California’s insurance industry and regulatory environment in November’s election are …
The homeowners markets in Arkansas, Louisiana, Oklahoma and Texas, while sharing some similarities, all have their own special considerations and concerns. Oklahoma has some of the highest property insurance rates in the country, according to Oklahoma Insurance Commissioner Kim Holland, …
Officials have begun inspecting bridges and roads across Hawaii, following the strongest earthquake to rattle the islands in more than two decades, a 6.6-magnitude quake that caused blackouts and landslides but no reported fatalities on Oct. 15. At least one …
