John W. Marsh - Page 13




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               expenses, for attorneys fees, costs, or interest, for                  
               loss of services, for loss of support, for loss of                     
               association, companionship, love and affection, and for                
               any and all other additional losses incident to the                    
               relationships of husband and wife or parent and child,                 
               whether at law or in equity, in any manner arisen,                     
               arising or to grow out of the following:                               
                    1) an automobile accident * * * more specifically                 
                    described in that certain Honolulu Police                         
                    Department Motor Vehicle Accident Report No. C-                   
                    30064;                                                            
                    2) the conduct, acts, or failures to act, or refusals             
                    to act on the part of RELEASEE, * * * in connection               
                    with the investigation, claim handling, or settlement             
                    of any claim arising out of or in connection with said            
                    Accident;                                                         
                    3) any alleged neglect or refusal by RELEASEE to pay              
                    any benefit or recognize any obligation under any                 
                    policy of insurance issued to any party and arising out           
                    of said Accident;                                                 
                    4) the conduct, acts, or failures to act, neglect, or             
                    refusals to act on the part of RELEASEE, or any of its            
                    employees, agents, officers, directors, predecessor or            
                    successor entities, or their respective attorneys, in             
                    connection with the writing, amendment, revision,                 
                    issuance, promulgation, sale, and/or marketing of any             
                    policy of insurance;                                              
               any of which said Accident, conduct, acts, failures or                 
               refusals to act, or neglect may have resulted in injuries or           
               damages to RELEASOR, as more specifically set forth in that            
               certain lawsuit in the United States District Court for the            
               District of Hawaii, and entitled John Marsh v. Travelers               
               Insurance Company, et al., Civil No. 89-00262-HMF.                     
          After payment of attorney's fees and costs, petitioner's share of           
          the settlement proceeds amounted to $68,102.70.  Petitioner                 
          negotiated the settlement check for cash on December 15, 1989.              
          No portion of the settlement proceeds was deposited into any bank           
          account maintained by petitioner.  Respondent's notice of                   








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