Rate & Policy Filing Requirements
Applicable to all form filings
Life Insurance Replacement Forms
Act 252, Session Laws of Hawaii (SLH) 2000, mandates certain standards governing the conduct of insurers and producers with respect to the replacement of existing life insurance policies and annuities contracts. These standards are codified as Part V of Article 431:10D, Hawaii Revised Statutes (HRS), and are effective July 1, 2001.Part V requires particular notices be approved by the Insurance Commissioner. To facilitate compliance with these new requirements, the Commissioner has approved the forms below for use by insurers, without further filing requirement. These forms correspond to the National Association of Insurance Commissioner’s Model Life Replacement Regulations (2000) Appendices A, B, and C.
Insurers and their producers may also use forms that are substantially similar provided that they have been approved by the Commissioner prior to their use. Please refer to Commissioner’s Memorandum 2001-8A.
Life Insurance Policy Illustrations
Act 252, SLH 2000 also mandates certain standards governing the conduct of insurers and producers with respect to the use of life insurance policy illustrations. These standards are codified as Part IV of Article 431:10D, HRS, and are effective July 1, 2001.
Among other things, Part IV requires insurers to notify the Insurance Commissioner whether a life policy is to be marketed with or without an illustration. The form below has been designated as the form to be used for notification purposes. Please refer to Commissioner’s Memorandum 2001-7A .
- Motor Vehicle Annual Report – Memorandum dated March 16, 1983
- Drivers’ Education Fund Underwriters’ Fee – Memorandum 2017-8R (PDF)
- Motor Vehicle Quarterly Reports – Memorandum 1974-NF-8a Revised
Motor Vehicle Premium Publication – (Annual)
|STATUTORY REFERENCE:||HRS § 431:10C-210, Publication of Premium Information|
|WHO MUST RESPOND:||All insurers authorized to write motor vehicle insurance in Hawaii|
|DUE DATE:||October 1, Annually|