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HI SR88
Resolution
Status
3/11/2016
Primary Sponsor
Gil Keith-agaran
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AI Summary
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Requests the Office of the Auditor to conduct a study on whether insurance appraisers and insurance umpires need further regulation in Hawaii to protect consumers.
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Directs the study to examine deficiencies in the current statutory framework that may cause consumer confusion about who is authorized to provide these services.
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Requires research on how other states regulate insurance appraisers and insurance umpires to inform Hawaii's approach.
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Mandates the Office of the Auditor submit findings, recommendations, and any proposed legislation to the Legislature no later than twenty days before the start of the 2017 Regular Session.
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Requires cooperation between the Office of the Auditor and the Insurance Division of the Department of Commerce and Consumer Affairs on the study.
Legislative Description
Insurance; Regulation of Insurance Appraisers; Regulation of Insurance Umpires
Last Action
Referred to CPH, WAM.
3/16/2016