ARTICLE 21

HAWAII PROPERTY INSURANCE ASSOCIATION

 

Cross References

 

Hawaii hurricane relief fund, see chapter 431P.

 

[431:21-101] Purpose. The purpose of this article is to establish the Hawaii Property Insurance Association to:

(1) Assure stability in the property insurance market for property located in the State;

(2) Assure the availability of basic property insurance as defined by this article; and

(3) Provide for the equitable distribution among member insurers of the responsibility for insuring qualified property for which basic property insurance cannot be obtained through the authorized insurers. [L 1991, c 284, pt of 2]

 

Previous Vol09_Ch0431-0435E Next