Hawaii Subject | Ratemaking

Type

Status

State	Bill	Status	Summary/Title	Last Action
HI	SB3230	Intro 25%	Makes an appropriation for the Insurance Division of the Department of Commerce and Consumer Affairs, in collaboration with the University of Hawaii, to procure expertise and develop a physical risk model to assess risk in the State for insurance rat... [Detail][Text][Discuss]	2024-02-16 To Senate Judiciary Committee
HI	HB2163	Intro 25%	Amends the definition of "prospective loss costs" to incorporate catastrophe modeling instead of historical aggregate losses. Prohibits insurers from basing certain insurance rates on past loss experience within or outside the State. [Detail][Text][Discuss]	2024-01-24 To House Consumer Protection & Commerce Committee
HI	HB2189	Intro 25%	Establishes ratemaking regulations for insurers who base their rates on a policyholder or applicant's wildfire risk. [Detail][Text][Discuss]	2024-01-24 To House Water & Land Committee