We spoke with Robert Libby, assistant VP of claims at First Insurance Co., and Aaron Poentis, regional account manager of First Onsite Property Restoration in Hawai‘i, about what residents should know about filing insurance claims after a wildfire and what the process generally looks like.
Sharilyn Tanaka of Atlas Insurance Agency says tens of billions of dollars in payouts by global reinsurance companies will likely ripple into premium increases here down the road.
President Chason Ishii talks about new cloud-based services, recruiting and retaining employees, and the expensive challenges of climate change.
Adam Ah Sue had been working as a hotel concierge, but says he got tired of the mundane work he did every day.
For Atlas Insurance Agency (Atlas), Hawaii is home. It is where founder and Honolulu businessman Masayuki Tokioka began his mission to serve Hawaii’s businesses, families, and communities. With roots dating back as far as 1929, partnering with its clients to…
Local expert foresees big changes in some premiums – up or down depending on companies’ situations – plus interest by businesses in newer forms of insurance COVID-19’s transformation of the economy has extended to the insurance industry and its local customers. Russell…
Hawaii Business Magazine asked Jeffrey Shonka, president and CEO of First Insurance Co. of Hawaii, about insurance and broader issues in a wide-ranging interview. The conversation has been edited for length. How has the COVID-19 crisis disrupted the insurance…
The hardening insurance market is in full effect. Property premiums have increased as much as 50% in certain industries, while umbrella/excess liability and management liability policies are also experiencing sharp premium increases. Turning to an insurance agency with access to…
More than 100 insurance carriers are licensed to offer workers’ compensation insurance in Hawaii. The way these insurance carriers manage workers’ compensation has basically not changed in decades. The traditional system is complicated, time-consuming, and can disrupt company cash flow—but…
If you thought insurance was dull, you haven’t talked with Chason Ishii about all the industry’s developments, including the need for more focused data to enhance the pricing accuracy of premiums. He also discusses how insurance can help companies grapple…
Overall, the Islands are often ranked as the healthiest state in America. But diabetes, excessive drinking, vaping and other problems are on the rise and health outcomes are worse than average for some local groups, including Native Hawaiians, other Pacific…
The usual prep list does not tell you such things as: Which island is more likely to get hit frequently? Which islands are more likely to get hit severely? (The answers are different.) How can you tell how much damage…
There are major differences between the Hawaii Prepaid Health Care Act and the national legislation signed into law by President Obama in March. The national law — the Patient Protection and Affordable Care Act — lets Hawaii retain its distinctive…