Insurance provider DTRIC will leave the insurance market in Hawai‘i and wind down its operations over the next several years.On Friday, the Hawai‘i Department of Commerce and Consumer Affairs announced that DTRIC — a home and auto insurer founded in 1992 — would...
This story was updated at 6:07 p.m. Oct. 10, 2025, after a correction was issued by Hawai‘i Department of Commerce and Consumer Affairs.
DTRIC Insurance intends to transition to a run-off insurance carrier in Hawai‘i.
As a run-off insurance carrier, the firm no...
Japan-based Tokio Marine Holdings Inc. plans to spend more than $10 billion on global acquisitions to expand its international business, Life Insurance International reports,citing Bloomberg. The insurer aims to reduce its U.S. earnings share from 80% to about 70% by increasing exposure in Latin America...
Like its predecessor the Teddy Award, this award was named for President Theodore Roosevelt, who enacted the country’s first significant workers’ comp legislation. With the Theo Award, National Comp and Risk & Insurance usher in a new era, recognizing the value in each...
Florida lawmaker: 83-year-old yet to receive Hurricane Ian damage helpDuring a committee hearing, State Rep. Mike Caruso said a woman is still waiting for an insurance company to assist with her Hurricane Ian damages.Florida lawmakers are examining the use of artificial intelligence in...
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Where a plaintiff insurance company has requested a declaration that it did not violate any duties to its policyholder or otherwise act in bad faith when it refused to make any coverage payment to the defendant on behalf of...
