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HI SB2697

Bill

Status

Passed

5/18/2010

Primary Sponsor

Colleen Hanabusa

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Origin

Senate

2010 Regular Session

AI Summary

  • Updates Hawaii's Insurance Code to align with national best practices in insurance regulation and maintain National Association of Insurance Commissioners accreditation.

  • Promotes uniformity in insurance laws across states and streamlines operations of the Insurance Commissioner to improve administrative efficiency and reduce regulatory costs.

  • Makes technical, nonsubstantive changes to ensure clarity and accuracy in insurance regulatory language.

  • Sets effective date of July 1, 2010 for all amendments.

Legislative Description

Insurance Producers; Adjusters; Independent Bill Reviewers; Managing General Agents; Bail Agents; Port-of-Entry Insurance; Captive Insurance; Mutual Benefit Societies; Health Maintenance Organizations; Access to Records; Confidentiality of Documents; Interstate Insurance Product Regulation Compact

Last Action

(H) Act 116, on 5/18/2010 (Gov. Msg. No. 331).

5/18/2010

Committee Referrals

Commerce and Consumer Protection1/27/2010

Full Bill Text

No bill text available