Yearly Archives: 2023

DECLARATION FROM THE STATE INSURANCE COMMISSIONER REGARDING ASSISTANCE OF NONRESIDENT INDEPENDENT ADJUSTERS DUE TO FIRES ACROSS THE STATE

DECLARATION FROM THE STATE INSURANCE COMMISSIONER REGARDING ASSISTANCE OF NONRESIDENT INDEPENDENT ADJUSTERS DUE TO FIRES ACROSS THE STATE Posted on Aug 9, 2023 in Main, News Releases Pursuant to Hawaii Revised Statutes (“HRS”)§ 431:9-201(b), Insurance Commissioner Gordon I. Ito...

Maui Fires Come at a Moment of Turmoil for the Insurance Industry

The devastating wildfires in Hawaii have come at a time of upheaval for the insurance industry, in a place that had not been considered very risky by underwriters.The state’s residents have generally paid low home insurance rates —...

Kin Insurance Review 2023

Home insurance is an investment that you hope you never have to use but when you do, you're glad you had coverage in the first place. That's because it prevents you from paying out of pocket for unexpected...

Car insurance costs break record as drivers face ‘tough time’

New analysis has found that UK motorists are dealing with the highest ever costs for their car insurance, with insurers battling “sustained cost pressures”.According to the Association of British Insurers, the average premium paid for private comprehensive motor...

How to file an insurance claim for Maui fire damage

(KHON2) – As firefighters continue to battle the deadly, Hurricane Dora-driven blazes that devastated the town of Lahaina, many residents will soon start the process of filing insurance claims in hopes of recouping the value of their homes,...

Sampo’s profit plunges 56% | Business Insurance

Finland-based insurer Sampo PLC's pre-tax profit fell 56% to €363 million ($398 million) in...
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