Hawaii News

Insurers’ Use of Credit Scores on Agenda on Capitol Hill Today

U.S. Rep. Melvin L. Watt, D-N.C., chairman of the House Subcommittee on Oversight and Investigations, will oversee a hearing today on Capitol Hill to consider the implications for consumers of the growing use of credit-based scores by insurers. Watt said …

Magnitude 7.4 Quake Strikes South of New Zealand

A strong earthquake with a preliminary magnitude of 7.4 occurred south of New Zealand on Sunday and there may be a chance of tsunamis, Japanese monitors said. There was no immediate report of injuries, damage or tsunamis. The quake rocked …

Thriving in today’s challenging insurance environment

The insurance industry has witnessed a reduction in the number of markets, agents and brokers, and overall industry personnel in the past 10 years. Meanwhile, many markets continue to soften, competition has increased with Internet direct sales, and there are …

My New Markets

Youth Recreation Programs Nuts & Bolts: Markel Insurance Co. is offering coverage for youth recreation programs and camps. Coverage includes general liability, umbrella, sexual abuse/molestation, D&O, child abduction, special events, professional liability, property, key employee replacement, auto, crime, and business …

Hawaii insurers file 16.8 percent workers’ comp cost decrease

The National Council on Compensation Insurance has filed a request to decrease workers’ compensation loss costs in Hawaii by 16.8 percent, beginning Jan. 1, 2008, according to the state Department of Commerce and Consumer Affairs. DCCA said the reduction is …

My New Markets

Private Schools (K-12) Nuts & Bolts: Markel Insurance Co. is an admitted, “A” -rated carrier that insures private K-12, Montessori, charter, trade/vocational, business, and correspondence schools. Available coverage includes general liability, umbrella, sexual abuse/molestation, corporal punishment, educators’ liability, sports liability, …

People and Places

The National Association of Professional Surplus Lines Offices named new officers and directors for the 2007-2008 term. Officers include: President Mary Ellen Rozzell of Continental/Marmorstein & Malone, Paramus, N.J.; Vice President John F. Wood III of Specialty Risk Associates Inc., …

My New Markets

Environmental Consultants-Contractors Nuts & Bolts: As part of the comprehensive coverage care suite of products, ELM Insurance Brokers has an addition to its errors and omissions/directors and officers/ employment practices liability/crime and fiduciary suite, environmental liability for consultants and contractors’ …

My New Markets

Youth Recreation Programs Nuts & Bolts: Markel Insurance Co. is offering coverage for youth recreation programs and camps. Coverage includes general liability, umbrella, sexual abuse/molestation, D&O, child abduction, special events, professional liability, property, key employee replacement, auto, crime, and business …

HAWAII INSURERS FILE 16.8 PERCENT WORKERS’ COMP COST DECREASE

The National Council on Compensation Insurance has filed a request to decrease workers’ compensation loss costs in Hawaii by 16.8 percent, beginning Jan. 1, 2008, according to the state Department of Commerce and Consumer Affairs. DCCA said the reduction is …