Hawaii Senate bill in Session 2026.
Status: in_committee. Latest action: March 12, 2026.
Insurance Commissioner; Captive Insurance Companies; Catastrophic Property and Casualty Risks; Authorization; Reports.
Authorizes captive insurance companies to underwrite, reinsure, or otherwise assume catastrophic property and casualty risks, subject to the approval and continuing supervision of the Insurance Commissioner. Allows the Commissioner to set certain minimum standards for captive insurance companies underwriting catastrophic property and casualty risk. Requires captive insurance companies underwriting catastrophic property and casualty risk to provide certain information in reports to the Commissioner. Effective 7/1/2050. (SD1)
| Date | Event | Detail |
|---|---|---|
| 0000-00-00 | Introduced | Bill introduced |
| 2026-03-12 | Status | in_committee |
| 2026-03-12 | Latest Action | Referred to CPC, referral sheet 17 |