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Hawaii Insurer Launches Parametric Insurance for Hurricane Damage

With the threat of Hurricane Douglas on the horizon last week, First Insurance Company of Hawaii (FICOH) launched an affordable and flexible parametric insurance product for Hawaii homeowners and renters.

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With the threat of Hurricane Douglas on the horizon last week, First Insurance Company of Hawaii (FICOH) launched an affordable and flexible parametric insurance product for Hawaii homeowners and renters. The program was designed to close the gaps left by other insurance programs, while simplifying claims and speeding up recovery for insureds.

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Hannah Smith

 

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