Hawaii News

New Markets

New Construction, Remodelers, Owner/Developers Nuts & Bolts: Network E&S Insurance Brokers, LLC has a new limited access program for Builder’s Risk/Contractors Equipment Program for both residential and commercial structures without size limitations. Frame and concrete structures are acceptable. No new …

New Markets

High Value Homeowners Program Nuts & Bolts: Crawley Warren Insurance Services Inc. announced its new customized High Value Homeowners Program (HVH) for high net worth clients in California. This non-admitted product is designed for dwellings over $750,000, but is available …

New Markets

New Construction, Remodelers, Owner/Developers Nuts & Bolts: Network E&S Insurance Brokers LLC has a new limited access Builder’s Risk/Contractors Equipment Program for both residential and commercial. Residential and commercial structures with no size limitations; frame and concrete structures are acceptable. …

News Currents

Hawaii acknowledges tsunami warning deficiencies Hawaii may have just suffered through two earthquakes, but the state says it has a potential flood problem. Hawaii’s tsunami warning system has serious deficiencies in reliability and coverage area, according to state emergency officials. …

New Markets

Non-Profit Organization D&O Liability Nuts & Bolts: Arrowhead General Insurance Agency Inc. is offering a not-for-profit directors and officers program designed to insure small to medium IRS tax-exempt 501(c)3 and 501(c)4 organizations. Policy features include: insured includes the organization, its …

Figures

$1.1 Billion Amount received in recoveries on behalf of claimants of the failed Executive Life Insurance Co., and its subsequent fraudulent acquisition by a French consortium, according to the California State Auditor. $42.9 million The cut in premiums State Farm …

New Markets

New Construction, Remodelers, Owner/Developers Nuts & Bolts: Network E&S Insurance Brokers, LLC has a new limited access program for Builder’s Risk/Contractors Equipment Program for both residential and commercial structures without size limitations. Frame and concrete structures are acceptable. No new …

New Markets

High Value Homeowners Program Nuts & Bolts: Crawley Warren Insurance Services Inc. announced its new customized High Value Homeowners Program (HVH) for high net worth clients in California. This non-admitted product is designed for dwellings over $750,000, but is available …

New Markets

New Construction, Remodelers, Owner/Developers Nuts & Bolts: Network E&S Insurance Brokers LLC has a new limited access Builder’s Risk/Contractors Equipment Program for both residential and commercial. Residential and commercial structures with no size limitations; frame and concrete structures are acceptable. …

Hawaii’s earthquake losses, not earthquake policies, on the rise

Estimated damages from the two earthquakes that struck Hawaii on Oct. 15 have been rising. Yet the recent disaster has not spurred homeowners and businesses to purchase earthquake coverage, according the state’s Insurance Commissioner. Two damaging earthquakes struck the northwest …