H.R. 107 Summary

• Requests the Insurance Commissioner to convene a working group to explore electronic transmission of insurance notices and documents, which are currently excluded from Hawaii's Uniform Electronic Transactions Act (Chapter 489E).

• Directs the working group to develop alternatives that balance consumer convenience of electronic notices with consumer protection requirements.

• Examines potential increases to Hawaii's minimum motor vehicle liability coverage, which has remained at $20,000 per person/$40,000 per accident since 1997, with Hawaii being one of only 15 states with minimum coverage at or below $20,000.

• Working group composition includes the Insurance Commissioner, Commission to Promote Uniform Legislation, Property Casualty Insurers Association of America, Hawaii Insurers Council, and State Farm Insurance Company.

• Requires the working group to submit a final report with findings, recommendations, and any proposed legislation to the Legislature no later than 20 days before the 2014 Regular Session.