BUSINESS BRIEFS
Digging starts at Disney resort site
Advertiser Staff and News Services
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Walt Disney Parks & Resorts has begun preliminary site work at its first family destination resort in Hawai'i at Ko Olina.
This work includes excavation, laying underground utilities and establishing where the foundations will be placed, said Djuan Rivers, vice president, Disney Vacation Club and Resort, Hawai'i.
The resort, scheduled to open in 2011, will include 350 traditional hotel rooms and 480 Disney Vacation Club villas.
The resort will include a pool, an 18,000 square-foot spa, a wedding lawn, an 8,000-square-foot convention center, a children's club and two restaurants.
OUTPATIENT SURGERY CENTER PLANNED
Hawaii Pacific Health, the healthcare provider with a network of six hospitals in Hawai'i, said it had entered a joint venture with Birmingham, Ala.-based Surgical Care Affiliates to build a new outpatient surgery center in Honolulu.Hawaii Pacific said the facility, to be opened at the end of next year, will help it provide better service for outpatient surgeries in terms of convenience, while freeing up existing operating rooms for more complex procedures.
"This would be new capacity in the community for outpatient care," said Virginia Pressler, Hawaii Pacific Health executive vice president.
Outpatient surgeries currently performed at HPH's Straub Clinic and Hospital and Kapi'olani Medical Center for Women & Children would most likely move to the new facility, she said.
CLAIMS AGAINST INSURER HIH PAID OFF
The state has finished paying off claims arising from HIH America Insurance Co. of Hawai'i, a workers' compensation insurer it took over in 2001 because it was insolvent.Hawai'i Insurance Commissioner J.P. Schmidt released the final payment from the estate of the failed insurer, returning 100 percent of what was owed to creditors. The state had seized the company to protect policyholders and creditors.
"We took control of HIH Hawai'i and guaranteed the uninterrupted payments to all of the workers compensation claimants," Schmidt said. Most of HIH Hawai'i's hundreds of vendors, creditors and policyholders were paid early in the liquidation proceedings, receiving more than $10 million.
