Island Insurance Lowers Personal Auto Rates 3.5%

Honolulu-based Island Insurance has lowered its personal auto insurance rates an average of up to 3.5 percent, depending upon coverage limits, rating company and territory.The reduced rates will affect personal auto policyholders of Island Insurance Co. Ltd. and its affiliate companies Island Premier Insurance Co. Ltd. and Tradewind Insurance Co. Ltd. The rate reductions are effective immediately for new policies and existing policies with effective dates May 1, 2010, and later.