HI HB1087

Requires motor vehicle insurers to reimburse third-party claimants for general excise tax and certificate of ownership fees in total loss claims, with a 33-day deadline for claimants to provide documentation or insurers may deny reimbursement.

Increases penalties for insurance fraud by raising the threshold for Class C felony from $300 to $750 and adjusting misdemeanor threshold to $750 or less.

Updates insurer certificate of authority application procedures to require submission of a Uniform Certificate of Authority Application from the National Association of Insurance Commissioners and adds $300 application fee for motor vehicle self-insurance applicants.

Modifies insurance producer licensing requirements to comply with the National Association of Insurance Commissioners' Producer Licensing Model Act by removing producer-to-producer appointments and clarifying that only insurers appoint producers.

Authorizes the Insurance Commissioner to declare nonresident adjusters may work without Hawaii licenses following qualifying events before they occur and expands supervisor compensation provisions to require insurer reimbursement of supervision expenses.