Hawaii News

Britt Paulk Expands with Marine Cargo Coverage Through Beazley USA

Carrollton, Ga.-based Britt Paulk Insurance Agency Inc. has teamed up with Beazley USA, an admitted “A-” rated company, to provide Ocean Marine Cargo coverage focused on writing risk for small and mid-sized U.S. importers. Britt Paulk began marketing Marine Cargo …

Lovestad-Worthington’s Rusty Young Passes Away

Rusty Young of Lovestad-Worthington in Bothell, Wash., has died. Friends say Rusty was playing golf with his son, Dean, at Borrego Springs last Friday when he suffered a heart attack. “I first met Rusty in Hawaii in 1972 and have …

About 200 Gather to Mourn Victims of Kauai Dam Break, State Prepares for More Rain

About 200 friends and neighbors hugged and cried at a memorial service on Sunday for those who were washed away when a Kauai, Hawaii, dam burst last week. Mourners, mostly from Kilauea and other towns on Kauai’s north shore, gathered …

New Markets

Social Services Directors and OfficersNuts & Bolts: Irwin Siegel Agency Inc. (ISA), a Rock Hill, N.Y., specialty program underwriter for the social services field has a new directors and officers liability insurance program that complements current social service packages and …

Be Prepared

Are insurers prepared for the next big disaster? According to a new report released by GE Insurance Solutions, massive growth along the nation’s coastlines has dramatically increased the potential for insured losses, even without a cyclical increase in the frequency …

Hawaii leads nation in motorcycle theft

Honolulu motorcycle riders are most likely to have their bikes stolen, although the city is the 53rd largest metropolitan area, according to a recent study by Progressive Group of Insurance Companies. A motorcyclist in Honolulu is four times more likely …

Top brokers, agents head for idea exchange at Hawaii bungalows

Senior executives and producers are scheduled to meet and exchange “cutting edge” ideas at the Insurance Brokers and Agents of the West (IBA West) Blue Ribbon Conference on the Big Island, Hawaii, on April 30-May 4. The conference, in its …

S.C. Coastal Homeowners Offered Catastrophe Coverage Product

A homeowners catastrophe product for residential dwellings in South Carolina’s coastal counties has been introduced by International Catastrophe Insurance Managers, LLC and Praetorian Financial Group, Inc. (Praetorian). The new ICAT product, written on a surplus lines basis, provides catastrophe coverage …

New Markets

Yacht and boat coverage in Calif., Ariz.Nuts & Bolts: Abram Interstate Insurance Services Inc., Rocklin, Calif., is offering a standalone watercraft program for boats and yachts of all sizes, up to 15 years old. Coverage includes physical damage on hull, …

Cat Commercial Product Launched in Southeast States

In response to unmet capacity needs created by the devastating natural disasters of 2005, International Catastrophe Insurance Managers, LLC (ICAT), and National Fire and Marine Insurance Company (Berkshire Hathaway Group) have launched a new catastrophic coverage product for commercial special …