Hurricane Ian's Aftereffects May Impact Hawai‘i in a Few Years
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.
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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…
Most small-business owners would agree that a large part of their success resides in their ability to balance risks and rewards. Many use insurance to help manage risks, including common policies covering business property, general liability, professional liability and technology/internet…
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…
A guide for construction contractors and anyone who hires them Q: I’ve been a contractor for years and never been asked for a bond. But a new client insists on it. Can you help me to understand bonding? A: Surety…
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…
Almost half of all small businesses are unable to reopen after a major disaster because they were unprepared, according to the American Red Cross. Ask yourself: How could I continue to conduct business if the city or even just the…
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…
Q: Should I buy cybersecurity/liability insurance for my small business? A: Cybercrime is one of the fastest growing risks to businesses of all sizes, and if you have private data that needs protecting, then you’re certainly vulnerable. Small businesses generally…
Q: I’m thinking about cutting my employees’ health benefits to save money. What potential downsides should I consider? A: There’s no doubt healthcare costs are a concern for employers and employees alike. However, investing in the health of your workers…
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…
The number of homes for-sale-by-owner was up nationwide in 2022. Several local companies offer to list the homes on MLS and handle the closing for a flat fee, but you do most everything else.
“Drag is an artistic means of expression,” says Mark Imaizumi, who has developed his art over 25 years.