Hawaii News

Group Rates States on Consumer Insurance Information on Web

A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with only six states doing an excellent job. State insurance department websites in 6 states were found to be “excellent” in …

Hawaii Gets New Hurricane Forecaster

The National Weather Service’s Honolulu Forecast Office is getting a new director of operations. Richard Knabb is currently a hurricane specialist at the National Hurricane Center in Miami, Fla. He will manage the forecasters and day-to-day operations at the National …

Business Moves

The Hartford, Allianz SE The Hartford Financial Services Group Inc. finalized a $2.5 billion capital investment by Allianz SE. Under the agreement, Allianz purchased, at $31 per share, $750 million of preferred shares convertible to common stock after receipt of …

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. Eliminate Forced Placed Coverage Market Detail: John-Galt (SafetyNet) introduces a new insurance product eliminating force-placed …

Atlas Insurance Appoints Tsutsui Business Consultant, Client Consulting Group

Honolulu-based Atlas Insurance Agency Inc. has appointed Shan Tsutsui as a business consultant in its Client Consulting Group. Tsutsui will be responsible for providing insurance program consultation to large commercial businesses. Tsutsui has more than 14 years of experience in …

AIG Names DeSantis President, CEO of Personal Auto Group

AIG has named Anthony J. DeSantis as president and CEO of its Personal Auto Group. The Personal Auto Group includes aigdirect.com, the direct personal lines automobile insurance operations of American International Group, Inc. (AIG), AIG Agency Auto, which provides personal …

Island Insurance Selects PipelineClaims as Part of its SOA Strategy

Best-of-Breed Solution Will Streamline Claims Operations, Enhance Communication Honolulu, HI – October 27, 2008 – BlueWave Technology™, a provider of property and casualty insurance solutions, today announced that Island Insurance Company, Ltd. has chosen BlueWave Technology’s PipelineClaims 3.0 as its …

Insurance Industry “Top Models” Take the Runway for Charity

Insurance industry leaders strutted down the catwalk modeling fashions from noted local designers in the Honolulu Association of Insurance Professionals’ (HAIP) Insurance Fest “Fashion Show.” This second annual fundraising event was held to support the association’s annual Safety Essay Competition, …

Hawaii Wants New Disaster Response Center

Hawaii is proposing a new $70 million emergency response center near Diamond Head to replace an aging and cramped facility in use for the past three decades. If state and federal funding is identified, the proposed center is to be …

AIG May Sell Hawaii Unit to Pay Federal Loan

American International Group Inc. may sell its AIG Hawaii unit to pay off the emergency $85 billion federal loan. The unit is part of the AIG Personal Auto Group, which the New York-based insurer listed for sale. AIG Hawaii President …