REPORT TITLE:
Liability


DESCRIPTION:
Authorizes the Insurance Commissioner to regulate medical
insurance premiums.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                        
THE SENATE                              S.B. NO.           2321
TWENTIETH LEGISLATURE, 2000                                
STATE OF HAWAII                                            
                                                             
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                   A  BILL  FOR  AN  ACT

RELATING TO INSURANCE.



BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 1      SECTION 1.  Chapter 431, Article 2, Hawaii Revised Statutes,
 
 2 is amended by adding a new section to be appropriately designated
 
 3 and to read as follows:
 
 4      "431:2-     Medical insurance rate analysis.  There shall
 
 5 be established within the insurance division a unit to assist the
 
 6 commissioner in medical insurance rate-filing and rate-making
 
 7 proceedings under article 14.  The commissioner may employ or
 
 8 contract actuaries, accountants, investigators, clerks,
 
 9 stenographers, and other assistants who shall not be subject to
 
10 chapters 76, 77, and 89."
 
11      SECTION 2.  Section 431:14-102, Hawaii Revised Statutes, is
 
12 amended by amending subsection (a) to read as follows:
 
13      "(a)  This article shall apply to all classes, types, or
 
14 forms of general casualty insurance as defined in section
 
15 431:1-209, surety insurance as defined in section 431:1-210,
 
16 motor vehicle insurance, and workers' compensation and employers'
 
17 liability insurance, on risks or operations in this State, [and]
 
18 all classes, types, or forms of property insurance as defined in
 
19 section 431:1-206, all classes, types, or forms of medical
 

 
Page 2                                                     
                                     S.B. NO.           2321
                                                        
                                                        

 
 1 insurance as provided under chapter 432 or 432D, and marine and
 
 2 transportation insurance as defined in section 431:1-207, on
 
 3 risks located in this State.  Inland marine insurance shall be
 
 4 deemed to include insurance now or hereafter defined as inland
 
 5 marine insurance by:
 
 6      (1)  Statute, or by interpretation thereof;
 
 7      (2)  Ruling of the commissioner, if not defined or
 
 8           interpreted; or
 
 9      (3)  By general custom of the business.
 
10 In this article, the terms inland marine insurance and marine
 
11 insurance are used in their generally accepted trade meanings."
 
12      SECTION 3.  Statutory material to be repealed is bracketed.
 
13 New statutory material is underscored.
 
14      SECTION 4.  This Act shall take effect upon its approval.
 
15 
 
16                           INTRODUCED BY:_________________________