HI HCR73

Urges Hawaii's congressional delegation to introduce legislation expanding the National Flood Insurance Program to include lava insurance coverage.

Identifies residents in Puna, Hawaii Island, particularly in lava zones 1 and 2, as facing insurance coverage challenges similar to those in flood-prone areas.

Notes that Universal Property & Casualty's July 2023 departure from Hawaii's insurance market affected approximately 1,500 policies, with 900 covering properties in lava zones 1 and 2.

Highlights that affected residents now rely primarily on the Hawaii Property Insurance Association (HPIA), which charges 4 to 10 percent higher rates for less coverage than private market insurers.

Requires transmission of certified copies of the resolution to all members of Hawaii's congressional delegation.