Hawaii News

Study: 18 Million Americans May Be Unfit for Roads

Results from the second annual GMAC Insurance National Drivers Test suggest licensed Americans lack basic driving knowledge and exhibit alarming behaviors on the road. The study revealed that one in eleven drivers–nearly 18 million people–would fail a state drivers test. …

States Promise Quicker Insurance Product Approvals Under New System

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, the required number of states …

New Markets

Architects and Engineers Nuts & Bolts: NAS Insurance Services Inc. offers architects and engineers errors and omissions insurance through qualifying wholesale brokers. Classes include architects/building design, civil engineers, construction staking, electrical engineers, HVAC, interior designers (industrial), land surveyors, landscape architects, …

Hawaii working to improve business climate for insurers

News Currents Hawaii is working to improve business conditions for insurers, brokers and agents, according to Jeffrey P. Schmidt, the state’s insurance commissioner. Schmidt recently addressed a crowd at the opening breakfast at the 80th annual meeting of the American …

U.S. insurers withstood record catastrophe losses in 2005

Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, according to Frank J. Coyne, chairman, president and CEO of ISO. Coyne also cautioned the industry to …

SullivanCurtisMonroe CEO says growth, profit and fun equal success

Best Practices is a new Insurance Journal column that profiles how some of the nation’s top performing agencies run their operations. IJ’s Publisher Mark Wells recently interviewed William Curtis, managing partner and chief executive officer of SullivanCurtisMonroe based in Irvine, …

New Markets

Collectibles Nuts & Bolts: American Collectors Insurance offers coverage for precious collectibles. This policy supplements homeowners insurance. Once homeowners insurance limitations are explained to a collector, with regard to full value replacement, this product is itself easy to write as …

New Markets

Employment Practices Liability Nuts & Bolts: Rockwood Programs has announced significant changes to its existing employment practices liability insurance policy. The enhanced coverage form was made available to all jurisdictions with the exception of California on April 17, 2006. Among …

New Markets

Architects and Engineers Nuts & Bolts: NAS Insurance Services Inc. offers architects and engineers errors and omissions insurance through qualifying wholesale brokers. Classes include architects/building design, civil engineers, construction staking, electrical engineers, HVAC, interior designers (industrial), land surveyors, landscape architects, …

Hawaii working to improve business climate for insurers

Hawaii is working to improve business conditions for insurers, brokers and agents, according to Jeffrey P. Schmidt, the state’s insurance commissioner. Schmidt recently addressed a crowd at the opening breakfast at the 80th annual meeting of the American Association of …