Business Briefs


POSTED: Saturday, March 21, 2009

Hawaii gasoline prices decline

The statewide average price for unleaded gasoline fell for the first time in four weeks even as Honolulu, Hilo and Wailuku all showed increased from the previous month, according to AAA.

Yesterday's average price in the state was $2.43 after spending three straight weeks at $2.45. The state average was 3 cents above a month ago but off $1.20 from a year ago.


HEMIC gets Lloyd's approval

HEMIC Insurance Managers Inc., a subsidiary of Hawaii Employers' Mutual Insurance Co., has received approval to underwrite and bind certain insurance coverage from Lloyd's of London.

HIMI is the third such company in Hawaii to receive coverholder status, said HIMI President David Doehm.

“;This will allow us to continue expanding our flexible portfolio of insurance programs and demonstrates our ongoing commitment to Hawaii's employers and insurance agents,”; Doehm said. “;Our plan is to continue expanding HIMI's services by offering our agents access to more underwriting facilities on which we have binding authority.”;

HIMI, founded in 2007, will now underwrite its Employment Practices Liability Insurance program through certain underwriters at Lloyd's, Doehm said.