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Isle insurance industry a good risk. (Focus on Personal Finance) (Brief Article)

Pacific Business News

| October 28, 1991 | Smith, Rod | COPYRIGHT 1990 Crossroads Press, Inc. (Hide copyright information)Copyright

According to commissioner Companiano

The state of Hawaii is doing everything possible to ensure the insurance industry here is sound and healthy, despite reports of problems in the industry on the Mainland, according to state insurance commissioner Robin K. Campaniano.

National news magazines and daily newspapers on the Mainland generally have pictured the insurance industry as severely troubled. Such reports have exacerbated the problem of a few Mainland insurance companies, he said.

Insurance companies here have not gone entirely unscathed. On Oct. 7 USA Today carried a cover story about the insurance industry, "High risks standard for some firms." …

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