THE SENATE

THE TWENTY-THIRD LEGISLATURE

REGULAR SESSION OF 2006

COMMITTEE ON COMMERCE, CONSUMER PROTECTION, AND HOUSING

Senator Ron Menor, Chair

Senator Rosalyn H. Baker, Vice Chair

NOTICE OF HEARING

 

DATE:

Wednesday, February 22, 2006

TIME:

9:00 a.m.

PLACE:

Conference Room 016

State Capitol

415 South Beretania Street

A G E N D A

SB 2091

RELATING TO MOTOR VEHICLE INSURANCE.

Establishes a new section in chapter 431:10C to authorize exclusion of designated persons from coverage under a motor vehicle insurance policy, upon acknowledgment of the insured.

CPH

SB 3278

RELATING TO MOTOR VEHICLE INSURANCE.

Provides motor vehicle insurance premium discounts to those who complete an accident prevention course.

CPH

SB 2095

RELATING TO LIFE INSURANCE.

Requires a disclosure statement containing annuity contract information and a buyer's guide to be given to an applicant for an annuity contract. Codifies the failure to disclose annuities' information as an unfair practice.

CPH

SB 2225

RELATING TO ANNUITIES.

Requires insurers and insurance providers to make reasonable efforts to obtain information from senior consumers prior to annuities transactions. Permits insurance commissioner to consult with securities commissioner. Codifies the failure to make efforts to obtain information as an unfair practice.

CPH

SB 3070

RELATING TO THE UNIFORM SECURITIES ACT.

Amends definition of "security" as used in the Uniform Securities Act to exclude variable annuity contracts.

CPH

SB 2280

RELATING TO HEALTH INSURANCE.

Makes permanent the authorization for bona fide trade associations to be treated as a group of purposes of health insurance.

CPH

SB 2283

RELATING TO INSURANCE.

Updates and conforms current statutes governing insurer examinations and commercial general liability extended reporting requirements with the changes and revisions in the most current NAIC Model Acts and Model Regulations. Adopts annual financial audit requirements.

CPH

     

SB 2102

RELATING TO INSURANCE.

Requires adequate responses from insurance providers to inquiries and claim submissions from insureds.

CPH

 

Decision Making to follow, if time permits.

Persons wishing to testify should submit 25 copies of their testimony to the committee clerk, Room 219, State Capitol, 24 hours prior to the hearing. Testimony may also be faxed if less than 5 pages in length, to the Senate Sergeant-At-Arms Office at 586-6659 or 1-800-586-6659 (toll free for neighbor islands), at least 24 hours prior to the hearing. When faxing, please indicate to whom the testimony is being submitted, the date and time of the hearing, and the required number of copies needed for submittal.

If you require special assistance or auxiliary aids or services to participate in the public hearing process (i.e., sign language interpreter, wheelchair accessibility, or parking designated for the disabled) please contact the committee clerk 24 hours prior to the hearing so arrangements can be made.

Public Folder. A folder labeled "Public Folder" containing the measures and testimonies for the hearing will be available for shared use by members of the public.

FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6740.

 

 

________________________________________

Senator Ron Menor

Chair