18-181A 18-181A . . . Insurance Agents Stock Option Plan under which Compensation Committee may grant Non-qualified Stock Options to any insurance agent who signs agreement which commits agent to produce at least $300,000 of premiums during specific three-year period ("Qualification Period"). Number of shares covered by option is equal to agent's premium commitment divided by $100, and options become exercisable only to extent agent satisfies his or her minimum commitment for premiums during Qualification Period, and only to extent loss ratios for insurance business written meet or exceed certain performance criteria
Hawaii Insurance Agents Stock option plan
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The state's law requires employers to provide comprehensive health insurance to employees who work at least 20 hours per week. And the employee's premiums cannot exceed 1.5% of their pay.
COBRA coverage lasts for up to 18 months and is available to employees who left their job for any reason other than gross misconduct. To enroll in COBRA, the employee must notify their former employer within 60 days of losing their job-based coverage and make monthly payments to continue their coverage.
?There is a doctrine in Hawaii that has been around for over 100 years and it's called the efficient proximate cause doctrine, which says, 'If there is more than one cause to a loss such as earth movement and fire, the earth movement wouldn't be covered but fire would be, but just because there is earth movement may ...
The actions of the person (or entity) who owes you a duty must be sufficiently related to your injuries such that the law considers the person to have caused your injuries in a legal sense. If someone's actions are a remote cause of your injury, they are not a proximate cause.
For single coverage, your employer must pay at least one-half the premium cost; however, your contribution cannot exceed 1.5% of your gross wage. In the event your allowable share constitutes less than one-half of the premiums, your employer is liable for the entire remaining portion.
The California Supreme Court and other California Appellate Courts have stated that efficient proximate cause doctrine is the ?preferred method for resolving first party insurance disputes involving losses caused by multiple risks or perils, at least one of which is covered by insurance and one of which is not.? Julian ...
For example, if a house suffers structural damage due to debris flow and the debris flow was caused by wildfire damage, the efficient proximate cause of the loss would be considered the wildfire and should be considered a covered loss. California courts have established that a prior wildfire can be the efficient ...
This rule states that recovery will only be allowed if the covered cause is the efficient proximate cause of the damage. In other words, the covered cause must have been the primary cause, or the driving force, that produced the loss to your home.