This white paper, submitted to Governor Green, Senate President Kouchi and House Speaker Nakamura, presents the Executive and Legislative Condo and Property Insurance Task Force’s analysis of the challenges facing Hawaii’s insurance market and explores options for the State to attempt to mitigate those challenges.
News Releases
Pursuant to Act 138, the Insurance Commissioner, through the State of Hawaii’s Department of Commerce and Consumer Affairs’ Insurance Division (“HID”), requests that all motor vehicle insurers submit rate filings to reflect the amendments made to HRS § 431:10C-301(b)(1), and (2) by Act 138 § 3.
STATE OF HAWAIʻI KA MOKU ʻĀINA O HAWAIʻI DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS KA ʻOIHANA PILI KĀLEPA JOSH GREEN, M.D. GOVERNOR KE KIAʻĀINA NADINE Y. ANDO DIRECTOR KA LUNA HOʻOKELE GORDON I. ITO INSURANCE COMMISSIONER OPEN ENROLLMENT FOR 2025 HEALTH INSURANCE MARKET UNDERWAY Hawaiʻi Residents Encouraged to Review Health Insurance Coverage Options FOR IMMEDIATE RELEASE ...
Read More RELEASE: OPEN ENROLLMENT FOR 2025 HEALTH INSURANCE MARKET UNDERWAY
The Insurance Commissioner (“Commissioner”) is requiring all insurers in the residential hurricane market who currently write, or who wrote at any time within the last fifteen years (i.e. since 2008), to complete the data call worksheet provided by the Insurance Division.
(PDF) Commissioner’s Memorandum 2024-2R Subject: Rate Filings Pursuant to 2024 Haw. Sess. Laws Act 138 (PDF) Commissioner’s Memorandum 2024-1R Subject: Hurricane Insurance Data Call Worksheet (EXCEL) Hurricane Insurance Data Call Worksheet
JOSH GREEN, M.D. GOVERNOR KE KIAʻĀINA GOVERNOR GREEN SIGNS EMERGENCY PROCLAMATION TO ADDRESS CONDO INSURANCE CRISIS FOR IMMEDIATE RELEASE August 7, 2024 HONOLULU — Governor Josh Green, M.D., today signed an emergency proclamation aimed at stabilizing Hawai‘i’s volatile condominium insurance market, which has seen unprecedented rate increases due to a hardening global insurance industry ...
Read More RELEASE: GOVERNOR GREEN SIGNS EMERGENCY PROCLAMATION TO ADDRESS CONDO INSURANCE CRISIS
DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS KA ʻOIHANA PILI KĀLEPA JOSH GREEN, M.D. GOVERNOR KIAʻĀINA NADINE Y. ANDO DIRECTOR KA LUNA HOʻOKELE GORDON I. ITO INSURANCE COMMISSIONER FOR IMMEDIATE RELEASE July 29, 2024 Hawaiʻi Insurance Division Releases Current Data on Maui Wildfire Claims HONOLULU — In response to the August 8, 2023 wildfire disaster affecting ...
Read More RELEASE: Hawaiʻi Insurance Division Releases Current Data on Maui Wildfire Claims
DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS KA ʻOIHANA PILI KĀLEPA JOSH GREEN, M.D. GOVERNOR KIAʻĀINA NADINE Y. ANDO DIRECTOR KA LUNA HOʻOKELE GORDON I. ITO INSURANCE COMMISSIONER FOR IMMEDIATE RELEASE July 17, 2024 COURT SENTENCES HONOLULU POLICE OFFICER FOR INSURANCE FRAUD Public Urged to Report Suspected Fraud HONOLULU — Judge Ronald G. Johnson of the ...
Read More RELEASE: COURT SENTENCES HONOLULU POLICE OFFICER FOR INSURANCE FRAUD
DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS KA ʻOIHANA PILI KĀLEPA JOSH GREEN, M.D. GOVERNOR KIAʻĀINA NADINE Y. ANDO DIRECTOR KA LUNA HOʻOKELE GORDON I. ITO INSURANCE COMMISSIONER FOR IMMEDIATE RELEASE January 18, 2024 Residents Advised to Review Insurance Policies and Consider Flood Insurance As Wet Season Continues HONOLULU — As residents and businesses clean up ...
Read More RELEASE: Residents Advised to Review Insurance Policies and Consider Flood Insurance As Wet Season Continues
Pursuant to Hawaii Revised Statutes (“HRS”) § 431:9-201(b), Insurance Commissioner Gordon I. Ito (“Commissioner”) issues this declaration authorizing the temporary assistance of nonresident independent adjusters so continued support may be available for the communities and its residents in the aftermath of the devastating August 8, 2023, Maui Island wildfires. The Commissioner previously issued the Declaration ...
Read More DECLARATION FROM THE STATE INSURANCE COMMISSIONER REGARDING ASSISTANCE OF NONRESIDENT INDEPENDENT ADJUSTERS IN RESPONSE TO THE AUGUST 8, 2023, MAUI ISLAND WILDFIRE