Hawaii News

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’ …

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., …

D’Onofrio Named President of San Francisco Office for WKF&C Agency

WKF&C Agency Inc. is expanding its presence in the west and opening a second California office. The office will be located in San Francisco and will be led by Dawn E. D’Onofrio, who has been hired as president/San Francisco. D’Onofrio …

Heritage General Adds Admitted Homeowner Market

Los Angeles-based Heritage General Agency’s personal lines facility has added a new admitted market for homeowner coverage. Program features include full cost replacement for both the home and personal property with no deduction for depreciation. Other covered structures include unattached …

Climate Change Expert Predicts Hawaii Hurricanes To Get Stronger

Nobody can say how many hurricanes will hit Hawaii each year, according to a climate change expert, but there’s no doubt they’ll get worse. “I can’t tell you there will be more of them,” environmental scientist Stephen Schneider told Big …

Honolulu Agent’s License Suspended for Misrepresentation, Fraud

Hawaii Chief Deputy Insurance Commissioner Gordon Ito has filed for the immediate suspension and a notice to revoke the producer license of Mark K. Teruya for misrepresentation, deceptive acts and fraud. Teruya is currently the president of Senior Resources of …