On February 3, the Hawaii Insurance coverage Division issued a press launch stating that Insurance coverage Commissioner Gordon Ito has retired as of January 31. Ito served within the division for 31 years in numerous capacities, together with as commissioner for 10 years. He additionally served below 4 Hawaii governors and was most lately appointed by present Governor Josh Inexperienced (D) on December 16, 2022. Efficient February 1, Jerry Bump was named performing insurance coverage commissioner. Bump has served because the division’s chief deputy insurance coverage commissioner since 2023. He started his tenure with the division in 2008 as an insurance coverage program specialist. Previous to becoming a member of the division, he labored for 13 years as an auditor at Pacific Guardian Life Insurance coverage Firm.