Hawaii News

High-hazard tsunami states could lose precious funding, GAO finds

The Pacific coast states of Alaska, California, Hawaii, Oregon and Washington, as well as Puerto Rico and the U.S. Virgin Islands in the Caribbean Sea, face the greatest tsunami hazard, but West Coast states could see the funding to prepare …

States promise quicker insurance product, filing approval under new system with Interstate Compact

State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of lobbying, 27 states have signed onto …

Things that should keep you awake at night

The integration of the U.S. insurance market and global financial market will have a profound impact on business, according to Dave Zwiener, president and chief operating officer of Property and Casualty Operations for The Hartford. Evaluating the industry, Zwiener shared …

Heads up on workplace bullying

From the playground to the classroom to the office — bullies can be found in all walks of life, says an anti-bullying advocacy group vying for new legislation that could potentially outlaw workplace bullying. But how would new anti-harassment legislation …

New Markets

Outdoor Sporting Program Nuts & Bolts: Markel’s Outdoors is a niche program for guide and outfitting professionals, private sporting clubs and hunting/fishing lodges. Marketed through select retail insurance agents, this program is available on a licensed and admitted basis in …

New Markets

Surgeons General Liability Nuts & Bolts: Avreco is now offering bariatric and general surgery physicians professional liability coverage. Eligible risks must be certified by the American Board of Surgery or the American Osteopathic Board of Surgery, and also a member …

High-hazard tsunami states could lose precious funding, GAO finds

The Pacific coast states of Alaska, California, Hawaii, Oregon and Washington, as well as Puerto Rico and the U.S. Virgin Islands in the Caribbean Sea, face the greatest tsunami hazard, but West Coast states could see the funding to prepare …

Kan. Commissioner Praeger Attends Interstate Compact Press Conference

Kansas Insurance Commissioner Sandy Praeger was among a gathering of other state regulators today at the National Press Club in Washington D.C. for a news conference which outlined plans for the implementation of the Interstate Insurance Product Regulation Compact. The …

Bill Holds Millions for Hawaii

U.S. House and Senate conferees have agreed to spend about $11 million to repair Kuhio Highway on Kauai and roads on Oahu damaged by this year’s foul weather. The money is part of some $13.5 million earmarked for Hawaii in …

Washington Rental Cars May Not Need Collision Waiver

One out of five Washington drivers might be wasting money by purchasing the additional collision damage waiver (CDW) offered by rental car companies, according to PEMCO’s latest Northwest Insurance Poll. “Almost half of Washington drivers rented a car for personal …