Hawaii News

Study: Workers’ Compensation Public Options Outperform Private Industry

An insurance industry think tank has concluded that 25 public and quasi-public workers’ compensation insurance plans perform better financially than the private market in a number of performance categories and at least as well when it comes to the bottom …

Pressure Builds for More States to Ban Cell Phone Use While Driving

The Obama administration reported that nearly 6,000 people were killed and a half-million injured last year in vehicle crashes connected to driver distraction, a striking indication of the dangers of using mobile devices behind the wheel. The Transportation Department recently …

Western Security Surplus Forms New MGA Facility

Dallas-based Western Security Surplus Insurance Brokers (WSS) has announced that all managing general agency business and specialty programs that it has been handling will now be written through a new exclusive MGA Dallas facility called WestPro Insurance Services. According to …

Insurance Broker Pleads to Embezzling in Colorado

A Hawaii resident has pleaded guilty in Denver to an embezzling charge. Fifty-nine-year-old Barney T. Lyles was accused of embezzling from an employee benefit fund when he was chief executive officer at the defunct insurance broker company BLIS International Group. …

Healthcare Quality Varies Widely By State, Study Finds

The quality of healthcare Americans receive depends largely on where they live, with insurance coverage, access to preventive medicine and disease treatment varying widely from state to state, according to a study released Thursday by the Commonwealth Foundation. “Where you …

Hawaii Flash Flood Watch Canceled

A flash flood watch issued for the state of Hawaii on Monday has now been lifted by the National Weather Service. The watch extended through Tuesday afternoon. The weather service said the potential for heavy showers and isolated thunderstorms was …

Sheffield Joins Georgia Insurance Commissioner Race

One Priority Will be Growing the Captive Sector, Says Former Department Employee Attorney Maria Sheffield has become the latest candidate to enter the Republican primary to be the next insurance commissioner in Georgia. Sheffield is an attorney with Burr, Forman …

People

Jim Newberry, assistant vice president and risk control manager of Island Insurance in Honolulu, has received the Risk Management/Insurance Practice Specialty Safety Professional of the Year Award. The award is from the American Society of Safety Engineers (ASSE). Newberry has …

Business Moves

Willis, Ireland Willis Group Holdings Limited wants to change the company’s place of incorporation from Bermuda to Ireland. Shareholders will vote on the measure at a meeting in three or four months. The change also requires the approval of the …

Lava-Listed on Hawaii’s Big Island

Insurers’ Use of Lava Maps to Gauge Risk Doesn’t Set Well With Some Homeowners The U.S. Geological Survey’s 35-year-old maps of lava danger zones in this southern corner of Hawaii’s Big Island are a tableau of earthy colors and odd …