Hawaii News

Hawaii Hurricane Insurer Raises Rates 20 Percent

The state’s largest provider of hurricane insurance to local homeowners has raised its rate by an average of about 20 percent, the first rate increase in the company’s four years in Hawaii. Zephyr Insurance Co. has about 65,000 policies in …

High Costs of Doing Business in N.Y. Trounce Advantages, Says Report on State’s Business Climate

The cost of doing business in New York State is substantially higher than in most other states because employers here must pay more for employee benefits, workers compoensation, energy, taxes and other costs, according to a new “Just The Facts” …

People & Places

Ken Nigohosian The American Agents Alliance Board of Governors announced the selection of Ken Nigohosian as the association’s new executive director. He has worked for Safeco Insurance for 25 years. He began his career as Safeco’s personal lines manager in …

Hurricane Scheme Ends with 10-year Prison Sentence

An attorney who cheated Hawaii out of more than $12 million was sentenced Monday to 10 years in prison. Jerrold Chun, 56, had pleaded no contest to charges filed in connection with a scheme involving insurance claims stemming from Hurricane …

Hawaii Chamber of Commerce Ready to Resume Legislative Battle to Reform Workers’ Comp

The Chamber of Commerce of Hawaii said it is ready to resume the legislative battle to reform workers’ compensation laws, an effort that was unsuccessful last year in spite of efforts by a number of business groups and the state …

Nazario to Administer American Hobbyist’s Florida Office

Mady Nazario has been promoted from underwriter to office administrator of American Hobbyist Insurance Inc.’s national office in Stuart, Fla. The firm is a national provider of collector-vehicle insurance. The Florida office provides underwriting and customer service to customers and …

Flood Damage at Univ. of Hawaii’s Manoa Campus

U.S. Sen. Daniel Inouye toured the University of Hawaii-Manoa campus recently, and came away saying flood damage would top $50 million. The veteran Democrat visited the campus in preparation for asking for federal assistance to help cover the cost of …

People & Places

Camilla Marlowe Camilla A. Marlowe was appointed vice president of Irvine, Calif.-based SullivanCurt-isMonroe Insurance Brokerage. Marlowe specializes in employee benefits consulting. She has 23 years of experience in the insurance industry. She previously spent six years with Calco in Orange, …

Corsetti Joins Willis Group Holdings

New York-based Willis Group Holdings has appointed Arlene Corsetti as executive vice president, regional executive officer to lead the Western Region encompassing Alaska, Arizona, California, Hawaii, Nevada, Oregon and Washington. She also assumes the role of Willis’ healthcare practice leader …

Coloring by Numbers

The vote tallies in the presidential and congressional races suggest this is a blue region (with the exception of Virginia) but that is probably not true of the insurance community here or elsewhere. Purple, maybe; blue, doubtful. Blue voters can …