HI SB2006

Allows general casualty and property insurance rate filings with average rate changes not exceeding an unspecified percentage to use a "use and file" basis instead of requiring prior approval from the insurance commissioner.

Permits insurers to implement rate changes within the specified threshold immediately, with notice to the commissioner required within 30 days after the change takes effect.

Limits the use and file exception to one filing per calendar year per insurer, with a minimum of 30 days between filings in different calendar years.

Requires insurers to provide written notice to existing policyholders at least 30 days before the end of their policy period if implementing a rate increase within the threshold, with renewal notices meeting this requirement if they disclose the new premium.

Shifts Hawaii's insurance rate regulation from a prior approval system to a more flexible approach for modest rate changes, while maintaining consumer protections through notice requirements and annual filing limits.