Hawaii News

2009 P/C Insurance Mergers, Acquisitions Large and Small

Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies. Here are the headlines …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Surety and Fidelity Bonds for Hard-To-Place Clients Market Detail: Gilbert Trujillo Insurance Services offers a …

Austin-Round Rock, Texas, Most Secure Large Metro Area

The central Texas area of Austin-Round Rock is the most secure U.S. community among large metropolitan areas (population of 500,000 or greater) in which to live, ccording to the sixth annual Most Secure U.S. Places to Live rankings from Farmers …

NOAA: United States Better Prepared for Tsunamis

Five years since the December 2004 Sumatra Indonesia Tsunami k illed 230,000, the United States has acclerated preparation for a potential tsunami along the U.S. coastline and built partnerships for an international warning program, according to the National Oceanic and …

Workers’ Comp Insurer HIH Hawaii Liquidated

The Hawaii State Insurance Division has successfully closed HIH America Insurance Company of Hawaii, a Hawaii workers’ compensation insurance company. Financial problems of its affiliated companies in Australia and California led to the downfall of the company in March 2001, …

Hawaii Drought Earns Disaster Area Designation

The U.S. Department of Agriculture has designated Maui County and the Big Island primary natural disaster areas due to losses caused this year by continuing drought. Agriculture Secretary Tom Vilsack made the announcement Friday in a Washington news release. He …

One-Fourth of U.S. Adult Healthcare Costs Tied to Disabilities

Just over one-quarter of U.S. adult health care spending was associated with disability in 2006, according to a new study by researchers at RTI International and the U.S. Centers for Disease Control & Prevention. The study, published in the January-February …

AIG Hawaii Becomes Farmers Insurance

AIG Hawaii Insurance Co. Inc. is changing its name to Farmers Insurance Hawaii, Inc., heralding in a new chapter in the company’s nearly 55-year history, and reflecting its new ownership under national insurer Farmers Insurance Group, which purchased the company …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Campgrounds, Dude Ranches & Other Outdoors Risks Market Detail: Hull & Company Inc. has availability …

Hawaii Flood Damage Worst in Hanalei

The Hanalei community on Kauai was hit with 13 inches of rain in 24 hours last week, and bore the brunt of the storm’s flood damage. County officials say it will cost $500,000 to repair a pipeline that brings water …