SB 2042 SD1

Hawaii Senate bill in Session 2026.

Status: in_committee. Latest action: February 6, 2026.

Insurance; Sponsored Captive Insurance Companies; Minimum Capital and Surplus; Reduction.

Bill ID HI-2026-SB-2042
Session 2026
Status in_committee
Committee CPN, WAM
Senate in_committee 2026-02-06
Insurance / Consumer Protection
Summary

Reduces the unimpaired minimum capital and surplus that class 4 sponsored captive insurance companies are required to maintain. Effective 1/1/3000. (SD1)

Sponsor
Jarrett Keohokalole
Official Source Back to Bills
Actions Timeline
Date Event Detail
0000-00-00 Introduced Bill introduced
2026-02-06 Status in_committee
2026-02-06 Latest Action Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
More Bills From This Sponsor
SB 2057 SD2 HD2 CD1
State Law Enforcement Agencies; County Law Enforcement Agencies; Law Enforcement Officials; Federal Immigration Authorities; Prohibition; Immigration Enforcement
enacted • Senate
SB 2487 SD1 HD1 CD1
PUC; Ratemaking; Performance-Based Incentives; Hawaii Ratepayer Protection Act of 2026
enacted • Senate
SB 2050 SD1 HD2 CD1
Hawaii Board of Chiropractic; Licensure; Chiropractic Students; Clinical Training; Rules; Report
enacted • Senate
SB 2053 SD2 HD2 CD1
Salvaged Motor Vehicles; Transfer; Supporting Documents; Electronic Signature; Indemnification
enacted • Senate
SB 2398 SD2 HD2 CD1
County Board of Water Supply; Water Service Availability; Publication; Service Area Map; Service-Restricted Areas
enacted • Senate
SB 2471 SD2 HD2 CD2
AG; DCCA; Business Entities; State-Chartered Credit Unions; Corporations; Nonprofit Corporations; Professional Corporations; Agricultural Cooperative Associations; Consumer Cooperative Associations; Limited-Equity Housing Cooperatives; Limited Liability Partnerships; Limited Partnerships; Limited Liability Companies; Election Activities; Ballot-Issue Activities; Limitations; Penalties
enacted • Senate
More Bills In This Topic
SB 2930 SD2 HD1 CD1
DAGS; DOE; SFA; DOT; DLNR; State Risk Management Revolving Fund; Wildfires; King Kamehameha III Elementary School; Report; Appropriations
enacted • Senate
HB 1511 HD2 SD1 CD1
Consumer Protection; Unsolicited Mail and Electronic Mail; Vehicle Warranties; Service Contracts; Home Warranties; Government-Issued Licenses and Registrations; Prohibitions
enacted • House
HB 1875 HD2 SD2
Gender-Affirming Health Care Services; Reproductive Health Care Services; Protections; Abusive Litigation; Medical Malpractice Insurance; Health Carriers; Protected Health Information; Covered Entities
enacted • House
HB 2272 HD1 SD1 CD1
Public Employment Cost Items; BU-11; Emergency Appropriations
enacted • House
HB 2282 HD1 SD1 CD1
Insurance Code; Premium Increase; Adjuster; Independent Bill Reviewer; Producer; Disciplinary Licensing Action; Notice Requirements; Cancellation; Nonrenewal; Purchase Group
enacted • House
HB 2310 HD1 SD1 CD1
DHS; Hawaii Emergency Food Assistance Program; Federal Government Shutdown; Emergency Appropriation; Affordable Care Act; Appropriation
enacted • House
Related Topics
Tax / Budget / Appropriations
92 shared bills
Healthcare
68 shared bills
Business / Commerce
44 shared bills
Labor / Employment
23 shared bills
Public Safety
20 shared bills
Same Topic Bills From Other States
HB 1344
Georgia Insurance Affordability and Claims Integrity Act; enact
Georgia • 1033 • enacted
HB 6132
Consumer protection: unfair trade practices; insulin drug pricing report; require by the department of attorney general.
Michigan • 2025-2026 • in_committee
HB 5225
AUTISM SPECTRUM-DIAGNOSIS
Illinois • 104 • enrolled
HB 5
Community Development - Maryland New Markets Development Program - Establishment
Maryland • 2026 • introduced
SB 444
Private Review Agents; certain decisions with regard to the provision of insurance coverage for healthcare services shall not be based solely on artificial intelligence systems; provide
Georgia • 1033 • enacted
SB 207
Professions and Businesses; a preclearance process in the licensing of individuals with criminal records who make application to or are investigated by certain licensing boards and commissions; create
Georgia • 1033 • enacted