Hawaii News

Hawaii Commissioner Warns Insurers of Discriminatory Practices

The Hawaii Insurance Division has issued a memo to all motor vehicle insurance insurers authorized in the state that discriminatory practices are prohibited, including those that award discounts. According to Commissioner J.P. Schmidt, “No insurer shall base any standard or …

Inspectors Check for Damage after Hawaii’s 6.6 Magnitude Earthquake

Officials began inspecting bridges and roads across Hawaii yesterday, 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 Sunday, Oct. 15. At least …

Hawaii Feels 6.6 Level Earthquake

The island of Hawaii, Hawaii, felt temblors from a 6.7 magnitude earthquake on Sunday, according to the National Earthquake Center of the U.S. Geological Survey. According to reports shortly after the quake, there were widespread power blackouts and landslides, but …

Great Northwest to buy Hawaiian Insurance Guaranty

The First Circuit Court of Hawaii granted a motion approving the transfer of assets and policy obligations from Hawaii Insurance Commissioner J.P. Schmidt, as liquidator of The Hawaiian Insurance Guaranty Co., to qualified buyer GNW (Great Northwest Insurance) Hawaii Insurance …

Declarations

Coordinated research needed “Hurricanes, by far, cause more economic damage to a more widespread area than any other natural disaster. This bill takes sound, scientific recommendations and builds from them a foundation for better, more coordinated research. Given the enormous …

Hawaii to teach homeowners about hurricane retrofits

Hawaii’s Department of Commerce and Consumer Affairs’ Insurance Division has created a new Web site: www.hurricaneretrofits.hawaii.gov, which details the State’s Loss Mitigation Grant Program for Hawaii homeowners. Hawaii homeowners who install hurricane retrofits in accordance with the grant program guidelines …

New Markets

Liability Long Term Care Facilities Nuts & Bolts: Houston, Texas-based London American Risk Specialists Inc. is offering CareSurance, a new liability insurance program designed to meet the needs of skilled, assisted and independent long term care (LTC) facilities across America. …

Breeding the next generation through internships

In cooperation with insurance industry partners, universities across the nation are helping to cultivate the next generation of risk managers and actuarial scientists through insurance internship programs. As an example, the California State University at Fullerton’s Insurance Leadership Internship Program …

News Currents

Great Northwest to buy Hawaiian Insurance Guaranty The First Circuit Court of Hawaii granted a motion approving the transfer of assets and policy obligations from Hawaii Insurance Commissioner J.P. Schmidt, as liquidator of The Hawaiian Insurance Guaranty Co., to qualified …

New Markets

Privacy and Security Coverage Enhancements Nuts & Bolts: Euclid Managers LLC developed a set of security and privacy coverage enhancements that can be endorsed onto any of the Euclid Managers’ Internet and tech professional liability policies. The endorsements expand the …