- Stage
- Became law
- Started in
- Senate
- Latest action
- Jul 14
Where it stands
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What it does
Until 12/31/2031, specifies that captive insurance companies that are not risk retention captive insurance companies are subject to examination no later than five years after licensure and any additional examination at the discretion of the Insurance Commissioner. On or after 1/1/2032, subjects captive insurance companies that are not risk retention captive insurance companies to examination at least once every five years. Requires the Insurance Commissioner to submit a report to the Legislature before the Regular Session of 2031. Effective 7/1/2026. (CD1)
Where it goes next
Law in Hawaii. Agencies now write the rules that carry it out, and courts can stay or strike it.
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What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
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