For the past year, the Hawaii Insurance Division has assisted the Hawaii Hurricane Relief Fund (HHRF) board of directors with its efforts to reactivate operations, in the hope of easing the property insurance crisis. On June 24, 2025, the HHRF started accepting applications for hurricane commercial property insurance coverage for Condominium and Townhouse Associations of ...
Read More HAWAII HURRICANE RELIEF FUND NOW ACCEPTING APPLICATIONS
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A concern that has come to the Division’s attention is the limitation imposed by some property insurance policies on the timeframe allowed for policyholders to complete building repairs or replacement, or to replace or repair personal property in order to receive full replacement cost benefits. Many policyholders have expressed that they could not replace personal ...
Read More COMMISSIONER’S MEMORANDUM 2025-1A: REQUEST REGARDING POLICYHOLDERS AFFECTED BY THE AUGUST 2023 WILDFIRES ON MAUI ISLAND
(PDF) Commissioner’s Memorandum 2025-17C Subject: Domestic Risk Retention Captive Insurance Companies 2025 Annual and Other Filing Requirements (Due in 2026) (PDF) Commissioner’s Memorandum 2025-16C Subject: Captive Insurance Company 2025 Annual Filing Requirements (Due in 2026) (PDF) Commissioner’s Memorandum 2025-15C Subject: OPTins Instructions for All Hawaii Authorized Captive Insurers (PDF) Commissioner’s Memorandum 2025-14A Subject: Updated Flood Insurance Rate Maps (PDF) Commissioner’s ...
Read More COMMISSIONER’S MEMORANDUM 2025
With hurricane season just starting, the public is urged to be prepared. Besides packing a go-bag and making an emergency plan, you should also review your insurance policies. Homeowners must have a separate hurricane insurance policy to be protected. KHON2’s Sam Spangler interviewed Acting Insurance Commissioner Jerry Bump on May 30, 2025 for hurricane insurance ...
Read More WATCH: HURRICANE INSURANCE TIPS ON KHON2’S WAKE UP 2DAY