STAND. COM. REP. NO. 178

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 1094

       S.D. 1

 

 

 

Honorable Donna Mercado Kim

President of the Senate

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

 

Madam:

 

     Your Committee on Commerce and Consumer Protection, to which was referred S.B. No. 1094 entitled:

 

"A BILL FOR AN ACT RELATING TO INSURANCE,"

 

begs leave to report as follows:

 

     The purpose and intent of this measure is to update title 24 of the Hawaii Revised Statutes, relating to insurance.

 

     Your Committee received testimony in support of this measure from the Department of Commerce and Consumer Affairs.

 

     Your Committee finds that this measure makes fees under title 24, Hawaii Revised Statutes, consistent for applications and services provided by the Insurance Division of the Department of Commerce and Consumer Affairs to purchasing groups, foreign risk retention groups, insurers subject to chapter 431, Hawaii Revised Statutes, fraternal benefit societies, mutual benefit societies, health maintenance organizations, and dental insurers.  This measure also enables the Insurance Division to recover certain administrative costs associated with the applications process and services provided by the Division and makes other technical amendments within title 24, Hawaii Revised Statutes, for clarity and consistency.

 

     Your Committee has amended this measure by making technical, nonsubstantive amendments for the purposes of clarity and consistency.

 

     As affirmed by the record of votes of the members of your Committee on Commerce and Consumer Protection that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1094, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1094, S.D. 1, and be referred to the Committee on Ways and Means.

 

Respectfully submitted on behalf of the members of the Committee on Commerce and Consumer Protection,

 

 

 

____________________________

ROSALYN H. BAKER, Chair