Hawaii News

People

Calabasas, Calif.-based Lionheart Insurance Services hired Pat Piccinonno and Joe Weckerle Jr. to head its newly opened Irvine, Calif., office. Piccinonno, appointed president, has 35 years of insurance management and production experience, most recently with R.E. Chaix, Black/White and Yates …

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. Medi-Tourism Professional Liability Market Detail: Arrowhead Wholesale Insurance Services LLC brings to market a professional …

AIG May Sell Hawaii Unit to Pay Federal Loan

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

Insurer: Odds of Deer-vehicle Crashes Highest in West Virginia

For the second straight year, data gathered by State Farm Insurance shows that vehicles are most likely to collide with deer in West Virginia — a one in 45 chance. That’s up from a year ago when the odds were …

Atlas Insurance Appoints Park as Senior VP of Client Consulting Group

Hawaii-based Atlas Insurance Agency Inc. has appointed Russell Park senior vice president in its Client Consulting Group. Park will be responsible for overseeing the business development, sales and servicing of commercial clients. With more than 20 years spent in the …

SUA Insurance Offers Specialty Coverage in Hawaii

SUA Insurance Co. is now offering property/casualty insurance coverage to select customer groups in Hawaii, including general artisan contractors, roofing contractors, towing and recovery, trucking and transportation, and workers’ compensation, according to the Hawaii Department of Commerce and Consumer Affairs …

Crane Safety Guidelines Needed

In March 2008 a construction crane collapsed into a neighborhood bar and nearby apartments in New York City, killing seven people. In Bellevue, Wash., in June 2006, a large crane fell into an apartment building killing a young man who …

Hawaii Files for 11.6 Percent Workers’ Comp Decrease

Hawaii’s Department of Commerce and Consumer Affairs’ (DCCA) Insurance Division announced that the National Council on Compensation Insurance (NCCI) filed a request for a decrease of 11.6 percent in the workers’ compensation loss costs. The filing would affect premiums beginning …

People

Erie Insurance Group named Terrence W. Cavanaugh president and CEO, and an elected member of the firm’s board of directors. Cavanaugh joins Erie from Chubb Corp. where he most recently was senior vice president and chief operating officer for its …

Hawaii Pacific University Launches Insurance and Risk Management Program

Hawaii Pacific University has instituted a graduate program in insurance and risk management. According to Hawaii Insurance Commissioner J.P. Schmidt, “HPU’s graduate insurance program is the first in the West. Many corporations, as well as insurance companies, have an increasing …