THE TWENTY-EIGHTH LEGISLATURE
REGULAR SESSION OF 2015
Senator Rosalyn H. Baker, Chair |
Senator Brian T. Taniguchi, Vice Chair |
NOTICE OF HEARING
DATE: |
Tuesday, February 03, 2015 |
TIME: |
9:00am |
PLACE: |
Conference Room 229 State Capitol 415 South Beretania Street |
A G E N D A
RELATING TO INSURANCE. Updates title 24 of the Hawaii Revised Statutes relating to insurance.
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RELATING TO INSURANCE. Requires an entity to send written notice to a health care provider at least thirty calendar days prior to initiating any recoupment or offset demand efforts. Prohibits an entity from initiating any recoupment or offset efforts more than twelve months after an initial claim payment was received by a health care provider, with specific exceptions.
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RELATING TO INSURANCE. Requires an insurer in a claim under uninsured or underinsured motorist coverage to pay to the claimant an amount the insurer deems reasonable within thirty days of a demand for payment of the claim. Requires any undisputed amount paid to a claimant to be disclosed to the arbitrator or judge and deducted from the amount of any judgment or award.
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RELATING TO INSURANCE. Requires the renewal of property insurance, but permits insurers to deny renewal for nonpayment of an undisputed premium by a policyholder.
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RELATING TO THE HAWAII PROPERTY INSURANCE ASSOCIATION. Requires member insurers of HPIA to offer a minimum number of policies proportionate to their market share on properties that are situated in the areas designated for coverage by the insurance commissioner and that have been previously and continuously insured since 06/01/2014. Prohibits HPIA from issuing or continuing a moratorium on issuing policies on those same properties.
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RELATING TO HAWAII PROPERTY INSURANCE ASSOCIATION. Requires member insurers of HPIA to renew policies that were in effect as of 1/1/2014. Provides for continued coverage under an existing HPIA policy upon a transfer in ownership of the property.
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Decision Making to follow, if time permits.
Click here to submit testimony to the Senate Committee on Commerce and Consumer Protection.
Testimony may be submitted up to 24 hours prior to the start of the hearing.
FOR AMENDED NOTICES: Measures that have been deleted are stricken through and measures that have been added are underscored. If a measure is both underscored and stricken through, that measure has been deleted from the agenda.
If you require auxiliary aids or services to participate in the public hearing process (i.e. ASL or foreign language interpreter, or wheelchair accessibility), please contact the committee clerk at least 24 hours prior to the hearing so that arrangements can be made.
FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT (808)586-6070.
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_____________________________________ Senator Rosalyn H. Baker Chair |
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