THE SENATE
THE TWENTY-SIXTH LEGISLATURE
REGULAR SESSION OF 2012
COMMITTEE
ON COMMERCE AND CONSUMER PROTECTION
Senator Rosalyn H. Baker, Chair
Senator Brian T. Taniguchi, Vice-Chair
MEASURES DEFERRED TO THURSDAY, FEBRUARY 09, 2012
DATE:
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Thursday, February 09, 2012
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TIME:
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9:00 AM
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PLACE:
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Conference Room 229
State Capitol
415 South Beretania Street
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DECISION MAKING ON THE
FOLLOWING MEASURE(S):
SB2765
Status and Testimony
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RELATING TO CAPTIVE INSURANCE COMPANIES.
Amends captive insurance company law (article 19, chapter 431, Hawaii Revised
Statutes).
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CPN, WAM
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SB2769
Status and Testimony
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RELATING TO INSURANCE.
Requires the Insurance Commissioner to publish listing of homeowners insurers
and homeowners insurance premium rates in a newspaper of general circulation
in the State annually; and allows the Insurance Commissioner to specify
interim rates upon disapproval of insurance rate filings for property and
casualty insurance.
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CPN, WAM
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SB2168
Status and Testimony
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RELATING TO INSURANCE.
Directs the insurance commissioner to join the surplus lines insurance
multi-state compliance compact. Enacts the surplus lines insurance
multi-state compliance compact into law.
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CPN, WAM
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SB2006
Status and Testimony
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RELATING TO INSURANCE.
Amends rate filing requirements for general casualty and property insurance.
Allows general casualty insurance rate filings or property insurance rate
filings in which the average rate of increase or decrease is no more than an
unspecified per cent to be filed on a use and file basis. Limits insurers
filing under this exception to one filing per calendar year. Requires
insurers to send written notice of intent to increase rate to existing
policyholders.
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CPN
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SB2768
Status and Testimony
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RELATING TO INSURANCE.
Eliminates underlying producer license requirement for applying and obtaining
surplus lines broker license; provides greater clarity and consistency in
licensing insurance producers selling annuity products; clarifies reinsurance
intermediary licensing requirements and removes unnecessary licensing
conditions.
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CPN, WAM
[Measure
added on 2/3/2012]
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No testimony will be accepted.
FOR AMENDED NOTICES: Measures that have been deleted are stricken through and
measures that have been added are underscored. If a measure is both
underscored and stricken through, that measure has been deleted from the
agenda.
FOR FURTHER INFORMATION, PLEASE CONTACT THE COMMITTEE CLERK AT 808-586-6070.