Hawaii Insurance

Given that public insurance Division examined, investigators from several local insurance companies, last month, companies officials have heard nothing of the division. However, they read the newspaper stories about how their companies have violated the rule of law.

The national commissioner of insurance Wayne Metcalf in a press release September 8 announced that after three weeks of its investigation division found a number of laws establishing insurers injured. However, the Division has yet officially to announce that the companies.

Other than testing their recordings made on the spot by industry investigators, insurers say, they have yet to a communication on what they can or can not be wrong.

“It is difficult for me to react, because we still have something to see. I still have not received all the police instead,” said Robin Campaniano, president of AIG Hawaii.

Metcalf said the sharing of knowledge acquired during the tests are only the first step. A press release was issued, he said, so the public know the status of the investigation, and it will be followed with business, once more information.

The next step is to examine the materials insurance. Some of these get the more time than others, he said. The material in some states insurance auto insurers are required by their parents Corporate ashore.

“Regarding the transport of these companies can not purchase materials here, we look textbooks,” he said.

Metcalf said to obtain textbooks is an important element of the investigation.

“The insurance manuals to a large extent are the basis on which human beings. Many companies have several subsidiaries. They are good risks with a subsidiary of the company, higher risks in another, and so Subsequently, “he said.

Metcalf said it was too early to say what sanctions may be imposed on insurers violate the law.

“We will continue, no doubt the implementation of the statute, against all air carriers that are not in harmony,” he said.

“Regarding the sanctions, they will be any on the basis of corrective measures it intends to take, where continued violations and similar offences,” he said.

At the same time, Honolulu law firms have combined the two files lawsuits in state Circuit Court on behalf of policyholders against Progressive Insurance Co. and State Farm.

A complaint filed by lawyer Bruce Wakuzawa last week asserts that Hawaii gradually the insurance industry and related companies excessive consumer Hawaii, premium, or reports of credit or other criteria which are prohibited by state law .

A second class action against the use State Farm Insurance Co. Friday was in the same court of Great lawyers Thomas, Margery Bronster and Jim Bickerton.

Action claims that the State Farm Insurance illegal surcharges on the basis of information from credit reports. The suit also asks that the state closes a written notification to each of its customers to explain how and why the Credit Evaluation Office was used to determine the award.

The suit will ultimately repay policyholders, was overloaded by the public authorities Farm, “said Grande.

“State Farm and fed their pockets at the expense of states people living in poverty, and he needs to repay the premiums collected illegally,” said Grande.

State Farm said spokeswoman Carolyn Fujioka, she had not heard about the suit and could not comment.

Hawaii’s anti-discrimination law adopted in 1987. Prohibits the insurer to specifically examining things like race, age, ethnicity, family situation or solvency or physical disabilities. But Hawaii’s Auto insurers have been some disputes with the Insurance Commissioner on the interpretation of statutes and how they are tax rates.

AIG’s Campaniano said he was not quite sure what his company has done wrong, but it may, in the context of the young insurance company.

In a press release, the insurance division, said the company uses age as a factor in determining premiums.

“We believe that they accuse us of making only an impact on young drivers who move several violations,” said Campaniano.

“Again, it is too speculate,” he said. “Investigators have spoken with our insurers, pointed out that”.

“But what we are trying to do with this policy, to ensure that young drivers, like those who are or have races Duis not achieved the same rate as other drivers more accountable,” he said.

It is unfair to conduct an honorarium, the same sentences as those with bad driving records, Campaniano said.

Campaniano said he also wants to know if the company is considered a technical violation or injury is really useful.

“The question is how this knowledge is important?” he said.

For DTRIC, another insurer Hawaii, Division of Insurance, the company said the pilot used illegal “marriage to the state rate.