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HI HB1019
Bill
Status
1/25/2017
Primary Sponsor
Joseph Souki
Click for details
AI Summary
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Amends Section 41D-2 of Hawaii Revised Statutes to modify the Comptroller's authority regarding acquisition of risk management and insurance services for the State.
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Allows brokers submitting fixed fee proposals to the Comptroller to perform services without violating Hawaii insurance code sections 431:10-218, 431:13-101, and 431:13-103.
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Shifts risk management service procurement from commission-based to fixed fee basis for services including investigative, claims adjustment, actuarial, and related services.
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Effective date of July 1, 2112.
Legislative Description
Relating To The State Risk Management And Insurance Administration.
Department of Accounting and General Services
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) DeCoite, Tokioka excused (2).
2/17/2017