Hawaii News

My New Markets

Nutraceuticals Nuts & Bolts: MarketScout is offering commercial general liability or products on a claims made basis, defense inside the limits. Target risks include accounts with 20 or fewer products, new ventures and importers. Herbals, botanicals, vitamins, minerals, enzymes, and …

Report: N.C. among states with worst traffic, S.C. among best roads

Nearly 52 percent of U.S. urban Interstates are now congested and traffic fatality rates rose slightly, but road surface conditions and bridge conditions improved, according to the Reason Foundation’s latest annual highway performance report. “Gridlock isn’t going away,” said David …

My New Markets

EPLI for Law Firms Nuts & Bolts: SUA Inc. is offering employment practices liability insurance for law firms with up to 100 employees in all 50 states that includes coverage for allegations of harassment, discrimination, and wrongful employment practices. Additional …

Business Moves

Edgewood Partners, Calco Insurance Edgewood Partners Insurance Center, a California retail property and casualty and benefits insurance brokerage firm announced an agreement in principle has been reached with Calco Holdings Inc. to acquire Calco Insurance Brokers and Agents Inc. to …

News Currents

Hawaii governor vetoes workers’ comp bills The Hawaii Legislature has failed to override Gov. Linda Lingle’s vetoes of two workers’ compensation bills. A two-thirds majority vote was required in both the House and Senate to override the vetoes. Both bills …

My New Markets

Family Entertainment Centers Nuts & Bolts: A program tailored for family fun centers and endorsed by International Association of Amusement Parks and Attractions is available through American Specialty Insurance & Risk Services Inc. Types of coverages include general liability; excess/umbrella; …

Insurance Companies Drop Hawaii Auto Premiums

Hawaii auto insurance companies are dropping their Hawaii rates as local traffic accidents and claims fall. Insurance Commissioner J.P. Schmidt said the state has approved rate reductions for four major carriers in Hawaii during the past several months. “Insurance companies …

Indiana Insurance Honors Ohio Agencies with 2006 Chairman’s Award

Troy, Ohio-based Hylant Group, Inc. and Dayton, Ohio-based Norman-Spencer McKernan, Inc. have received the 2006 Chairman’s Award, which is presented to the highest performing insurance agencies appointed with Indiana Insurance, a member of Liberty Mutual Group’s Agency Markets business unit. …

Hawaii Governor Vetoes Workers’ Comp Bills

The Hawaii Legislature has failed to override Gov. Linda Lingle’s vetoes of two workers’ compensation bills. A two-thirds majority vote was required in both the House and Senate to override the vetoes. Both bills failed the receive the required votes …

Nevada Consumers Puzzle over Using Credit History to Set Rates

As Ed Rathje sees it, his first foray into the Nevada Legislature as a citizen-activist ended in “total defeat” earlier this month when a bill he was pushing to limit the insurance industry’s use of credit histories to set rates …