H

Heard

Your voice in democracy

Sign InJoin Heard

Legislative record

HB 2392STATE · HawaiiIntroduced

RELATING TO INSURANCE.

Amends various provisions of the Insurance Code to update and improve existing provisions. Defines "dormant captive insurance company" and sets out a procedure to apply for the certificate of dormancy. Adds the term "doing business as" to "trade name" statutory references. Clarifies continuing education provider filing requirements. Clarifies reinsurance intermediary-manager filing requirements. Amends the surety bond threshold requirement for third party administrators and clarifies the audited financial statements requirements. Amends the definitions of "controlled unaffiliated business" and "participant" as applied to captive insurance companies. Effective 7/1/3000. (HD1)

Voted 2/16/2024

Roll-call record

How representatives voted

8 yea·0 nay·3 other

Docket history

Action history

  1. 2/16/2024Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Aiu, Garrett, Perruso, Takayama, Todd excused (5).
  2. 2/16/2024Reported from CPC (Stand. Com. Rep. No. 545-24) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
  3. 2/13/2024The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Nakashima, Sayama, Amato, Belatti, Hashem, Hussey-Burdick, Onishi, Tam; Ayes with reservations: none; Noes: none; and 3 Excused: Representative(s) Gates, Lowen, Pierick.
  4. 2/9/2024Bill scheduled to be heard by CPC on Tuesday, 02-13-24 2:05PM in House conference room 329 VIA VIDEOCONFERENCE.
  5. 1/26/2024Referred to CPC, FIN, referral sheet 3
  6. 1/24/2024Introduced and Pass First Reading.
  7. 1/22/2024Pending introduction.