S.B. 2913 Summary

• Establishes the Hawaii Travel Insurance Act by adding a new article to Chapter 431 of Hawaii Revised Statutes to create a comprehensive regulatory framework for travel insurance sales in the state.

• Defines travel insurance licensing requirements including limited lines travel insurance producer licenses, travel retailer registration, designated responsible producer designation, and employee training programs on sales practices and disclosures.

• Requires travel insurers to pay premiums tax on all travel insurance sold to Hawaii residents or entities with principal places of business in the state, with documentation and reporting requirements for resident status.

• Permits travel protection plans combining travel insurance, travel assistance services, and cancellation fee waivers to be offered at a single price if consumers receive clear disclosure of components and access to full policy information before purchase.

• Prohibits unfair trade practices including negative opt-out sales, marketing blanket coverage as free, and selling policies with no claim payment potential; establishes that travel insurance must be classified as inland marine or accident and health coverage.