Posted at 12:25 p.m., Friday, June 29, 2001

Island Insurance lowering rates

Advertiser Staff

Island Insurance Cos. of Honolulu will lower homeowner rates from 7 percent to 25 percent beginning Sunday, the company said in a news release.

Policyholders will see their rate reduction take effect at the time their policy is renewed, the company said. The average decrease will be about 19 percent, it said.