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Gordon Ito

Implementation of Obamacare has been keeping the state insurance commissioner busy

By Vicki Viotti

POSTED: 01:30 a.m. HST, Jan 10, 2014

~~<p>Gordon Ito, insurance commissioner for the state of Hawaii, has an inbox filled with all matters relating to regulating insurance in the islands, with the exception of paying workers' compensation benefits. Earlier this week, the Insurance Division released rate guides for health, homeowner and car policies, posting them online (<a href="http://cca.hawaii.gov/ins">cca.hawaii.gov/ins</a>).</p>
<p>&quot;The division licenses insurance agents; we look at certificate of authority applications for insurers,&quot; said Ito, launching into a list of duties. &quot;We monitor those insurers for financial solvency by doing a financial analysis and exams. We also do rate and form approval. We receive complaints from consumers. We even do fraud investigations.&quot;</p>
~~

Gordon Ito, insurance commissioner for the state of Hawaii, has an inbox filled with all matters relating to regulating insurance in the islands, with the exception of paying workers' compensation benefits. Earlier this week, the Insurance Division released rate guides for health, homeowner and car policies, posting them online (cca.hawaii.gov/ins).

"The division licenses insurance agents; we look at certificate of authority applications for insurers," said Ito, launching into a list of duties. "We monitor those insurers for financial solvency by doing a financial analysis and exams. We also do rate and form approval. We receive complaints from consumers. We even do fraud investigations." Login for more...



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