Chapter

431 Insurance Code

431A Readability of Insurance Contracts--Repealed

431D Insurance Company Insolvency--Repealed

431F Hawaii Life and Disability Insurance Guaranty

Association Act—Repealed

431H Insurance Information Protection Act--Repealed

431J Captive Insurance Companies--Repealed

431K Risk Retention

431L Medicaid-Related Mandates

431M Mental Health and Alcohol and Drug Abuse

Treatment Insurance Benefits

431N State Health Insurance Program Act

431P Hawaii Hurricane Relief Fund

432 Benefit Societies

432C Nonprofit Entities; Conversion of Assets

432D Health Maintenance Organization Act

432E Patients' Bill of Rights and Responsibilities Act

433 Mutual and Fraternal Benefit Societies--Repealed

434 Insurance by Fraternal Benefit Societies--Repealed

435 Credit Life Insurance and Credit Disability

Insurance--Repealed

435C Hawaii Medical Malpractice Underwriting Plan

435E Physicians and Surgeons Cooperative Indemnity

For disposition of repealed provisions, see Insurance Law Revision reference table (1987) at end of chapter 435.

REPEALED. L 1987, c 347, §1.

For disposition of repealed provisions, see Insurance Law Revision reference table (1987) at end of chapter 435.

ARTICLE 1. DEFINITIONS

Part I. General Provisions

Section

431:1-100 Short title

431:1-100.5 Purpose

431:1-101 Compliance required

431:1-102 Public interest

431:1-103 Headings

431:1-104 Particular provisions prevail

431:1-105 Records, statements and reports

Part II. General Definitions

431:1-201 Insurance defined

431:1-202 Insurer defined

431:1-203 Classes of insurance

431:1-204 Life insurance defined

431:1-205 Disability insurance defined

431:1-206 Property insurance defined

431:1-207 Marine and transportation insurance defined

431:1-208 Vehicle insurance defined

431:1-209 General casualty insurance defined

431:1-210 Surety insurance defined

431:1-211 Ocean marine insurance defined

431:1-212 Person defined

431:1-213 State defined

431:1-214 United States defined

431:1-215 Transaction of an insurance business

431:1-216 General business practice

ARTICLE 2. ADMINISTRATION OF INSURANCE LAWS

Part I. Insurance Division

431:2-101 Insurance division

431:2-102 Insurance commissioner

431:2-103 Salary

431:2-104 Seal

431:2-105 Deputies, employees

431:2-105.5 Staff

431:2-106 Ethical requirements for insurance division staff

431:2-107 Workers' compensation rate analysis

431:2-108 Commissioner may delegate

431:2-109 Supplies, convention blanks

431:2-110 Offices

Part II. Powers and Duties of Commissioner

431:2-201 General powers and duties

431:2-201.5 Conformity to federal law

431:2-202 Orders and notices

431:2-203 Enforcement

431:2-204 Commissioner's power to subpoena

431:2-205 Commissioner to receive service of legal process

on foreign or alien insurer

431:2-206 How service on commissioner made

431:2-207 Contempt proceedings

431:2-208 Access to records

431:2-209 Records and reports

431:2-210 Copies and certificates as evidence

431:2-211 Annual report

431:2-212 Interstate cooperation

431:2-214 The commissioner's education and training fund

Part III. Investigations, Examinations, Hearings

and Appeals

431:2-301 Purpose

431:2-301.5 Examiner defined

431:2-301.6 Conflict of interest

431:2-301.7 Conduct of examinations

431:2-301.8 Immunity from liability

431:2-302 Authority, scope, and scheduling of examinations

431:2-303 Examination of agents, managers, promoters

431:2-304 Examination of the guaranty associations

431:2-305 Examination reports

431:2-306 Examination expense

431:2-307 Repealed

431:2-307.5 Reimbursement and compensation of examiners;

source of funds; disposition of receipts

431:2-308 Administrative procedure act applies

ARTICLE 3. INSURERS GENERAL REQUIREMENTS

Part I. Definitions

431:3-101 Alien insurer

431:3-102 Capital funds

431:3-103 Charter

431:3-104 Domestic insurer

431:3-105 Foreign insurer

431:3-106 Mutual insurer

431:3-107 Reciprocal insurance

431:3-108 Reciprocal insurer

431:3-109 Reinsurance

Part II. Certificate of Authority

431:3-201 Authority required

431:3-202 Insurer's name

431:3-203 Qualifications for authority

431:3-203.5 Foreign insurer; certification

431:3-204 Classes of insurance authorized

431:3-205 Funds required of new insurers

431:3-206 Additional funds required, new insurers

431:3-207 Noncompliance as to capital stock and surplus

permitted certain insurers for five years

431:3-208 Funds required of existing and new insurers for

transacting additional classes of insurance

431:3-209 Deposits of alien and foreign insurers; special

deposits

431:3-210 Determination of capital funds of alien insurer

431:3-211 Repealed

431:3-212 Application for authority

431:3-212.5 Redomestication of authorized insurers

431:3-213 Authority issued or denied

431:3-214 Extension; amendment

431:3-215 Withdrawal from State; obligations

431:3-216 Mandatory refusal, suspension or revocation

provisions

431:3-217 Discretionary refusal, suspension or revocation

provisions

431:3-218 Procedure upon revocation; suspension of

certificate of authority

431:3-219 Suspension period

431:3-220 Revival

431:3-221 Power to fine

Part III. Annual Requirements and Limiting Provisions

431:3-301 Annual filings with commissioner

431:3-302 Annual and quarterly filings with the National

Association of Insurance Commissioners

431:3-302.5 Annual audit

431:3-303 Immunity

431:3-304 Confidentiality

431:3-305 Accounts; records

431:3-306 Limit of risk

431:3-307 Free insurance

431:3-308 Alien government owned insurers

431:3-309 Disclosure of profits by insurers

Part IV. Risk-Based Capital for Insurers

431:3-401 Definitions

431:3-402 Risk-based capital reports

431:3-403 Company action level event

431:3-404 Regulatory action level event

431:3-405 Authorized control level event

431:3-406 Mandatory control level event

431:3-407 Hearing

431:3-408 Confidentiality and prohibition on announcements;

prohibition on use in ratemaking

431:3-409 Supplemental provisions; rules; exceptions

431:3-410 Foreign insurers

431:3-411 Severability

431:3-412 Notices

431:3-413 Phase-in provision

431:3-414 Immunity

ARTICLE 4. DOMESTIC INSURERS

Part I. Organization, Powers and Sale of Securities of

Domestic Insurers

431:4-101 Definitions

431:4-102 Types of insurers permitted

431:4-103 Corporation law applies in general

431:4-104 Articles of incorporation

431:4-105 Affidavit

431:4-106 Board of directors

431:4-106.5 Membership in mutual or subscriber in reciprocal

insurers; no personal liability of representative

431:4-107 Solicitation permit required

431:4-108 Application for a solicitation permit

431:4-109 Permit issued or denied

431:4-110 Bond or cash deposit

431:4-111 Expiration and contents

431:4-112 Permit not an inducement

431:4-113 Organization solicitor's license

431:4-114 Revocation of solicitation permit

431:4-115 Escrow of funds

431:4-116 Expense pending completion

431:4-117 Issuance and forfeiture of securities

431:4-118 Insurance application

431:4-119 Refund upon failure to complete or qualify or

upon revocation of solicitation permit

431:4-120 Subsequent financing

431:4-121 False exhibits

431:4-122 Depositaries

431:4-123 Corrupt practices

431:4-124 Prohibited guaranty

431:4-125 Fees on use of funds

431:4-126 Comply with foreign laws

431:4-127 Solicitation in other states

Part II. Domestic Stock Insurers

431:4-201 Other laws applicable

431:4-202 Increase of capital

431:4-203 Decrease of capital

431:4-204 Dividends to stockholders

431:4-205 Illegal dividends; reductions

431:4-206 Repayment of contributed surplus

431:4-207 Participating policies

431:4-208 Statement by beneficial owner, director, officer

431:4-209 Recovery of profits realized

431:4-210 Unlawful sales of equity security

431:4-211 Exempt transactions

431:4-212 Arbitrage transactions not affected

431:4-213 Exempt equity securities

431:4-214 Rules and regulations

Part III. Domestic Mutual Insurers

431:4-301 Other articles applicable

431:4-302 Initial qualifications for mutual insurers

431:4-303 Mutual property insurer

431:4-304 Mutual casualty insurer

431:4-305 Mutual vehicle insurer

431:4-306 Mutual life insurer

431:4-307 Mutual disability insurer

431:4-308 Membership

431:4-309 Rights of members

431:4-310 Bylaws

431:4-311 Notice of annual meeting

431:4-312 Members proxies

431:4-313 Directors

431:4-314 Limitation on expenses incurred in writing

property and casualty

431:4-315 Violation of expense limitation

431:4-316 Actions on officers' salaries

431:4-317 Contingent liability of members

431:4-318 Accrual of liability

431:4-319 Contingent liability as asset

431:4-320 Lien on reserves

431:4-321 Nonassessable policies

431:4-322 Applies to all policies

431:4-323 Revocation of authority

431:4-324 Dividends

431:4-325 Nonparticipating policies

431:4-326 Members' share of assets

Part IV. Reciprocal Insurers

431:4-401 Application of other sections

431:4-402 Scope

431:4-403 Insuring powers of reciprocals

431:4-404 Suits

431:4-405 Attorney

431:4-406 Power of attorney

431:4-407 Modifications

431:4-408 Organization of reciprocal insurers

431:4-409 Application for authority; declaration required

431:4-410 Policies effective

431:4-411 Attorney's bond

431:4-412 Deposit in lieu

431:4-413 Actions on bond

431:4-414 Subscribers

431:4-415 Subscribers' advisory committee

431:4-416 Subscriber's liability

431:4-417 Subscriber's liability on judgments

431:4-418 Aggregate liability

431:4-419 Assessment

431:4-420 Time limit for assessment

431:4-421 Nonassessable policies

431:4-422 Contributions of surplus

431:4-423 Share in savings

431:4-424 Subscriber's share of assets

431:4-425 Repealed

Part V. Reorganization and Conversion of Domestic

Insurers

431:4-501 Reorganization, merger or consolidation

431:4-502 Mutualization of stock insurers

431:4-503 Conversion or reinsurance of mutual insurer

431:4-504 Merger or conversion of reciprocal insurer

ARTICLE 4A. CREDIT FOR REINSURANCE

431:4A-101 Credit allowed a domestic ceding insurer

431:4A-102 Reduction from liability for reinsurance ceded

by a domestic insurer to an assuming insurer

431:4A-103 Qualified United States financial institutions

431:4A-104 Rules

431:4A-105 Reinsurance agreements affected

ARTICLE 5. FINANCIAL CONDITION

Part I. Standards

431:5-101 Impairment of capital

431:5-102 Impairment of surplus

431:5-103 Impairment of reciprocal's surplus

Part II. Assets and Liabilities

431:5-201 Qualified assets

431:5-202 Assets not allowed

431:5-203 Liabilities

431:5-204 Determining financial condition of reciprocal

insurers

Part III. Reserves and Valuation

431:5-301 Unearned premium reserve

431:5-302 Unearned premium reserve for marine and

transportation

431:5-303 Active life reserves and unearned premium

reserves for noncancellable disability insurance

431:5-304 Loss reserves for liability and workers'

compensation insurance

431:5-305 Increased reserves

431:5-306 Reserve credit for reinsurance

431:5-307 Standard valuation law; life

431:5-308 Valuation of bonds

431:5-309 Valuation of other securities

431:5-310 Valuation of property

431:5-311 Valuation of purchase money mortgages

Part IV. Rules

431:5-401 Rules

ARTICLE 6. INVESTMENTS

Part I. General Provisions

431:6-101 Definitions pertaining to investments

431:6-102 Merged, reorganized institutions

431:6-103 Eligible investments; scope

431:6-104 General qualifications

431:6-105 General limitations

431:6-106 Record of investments

Part II. Mandatory Provisions

431:6-201 Required investments for capital and reserves

Part III. Permitted Investments

431:6-301 Public obligations

431:6-302 Corporate obligations

431:6-303 Preferred or guaranteed stocks or shares

431:6-304 Trustees or receivers obligations

431:6-305 Equipment trust obligations

431:6-306 Mortgage loans and contracts

431:6-307 Mortgage loan limited by property value

431:6-308 Encumbrance defined

431:6-309 Appraisal; insurance; limit

431:6-310 Security agreements

431:6-311 Real property owned

431:6-312 Time limit for disposal

431:6-313 Foreign securities

431:6-314 Policy loans

431:6-315 Banks, savings and loan associations, credit

unions, and financial services loan companies

431:6-316 Insurance stocks

431:6-317 Common stocks

431:6-318 Collateral loans

431:6-319 Miscellaneous investments

431:6-320 Special consent investments

431:6-321 Hedging transactions

431:6-322 Common trust funds, mutual funds

431:6-323 Separate accounts

431:6-324 Subsidiaries

Part IV. Prohibited Investments and Limitations

431:6-401 Prohibited investments

431:6-402 Securities underwriting; agreements to withhold

or to repurchase

431:6-403 Disposal of ineligible property and securities

431:6-404 Authorization of investments

Part V. Investment of Foreign and Alien Insurers

431:6-501 Investments of foreign, alien insurers

Part VI. Investment Pools

431:6-601 Insurer investment pools

431:6-602 Securities lending, repurchase, reverse

repurchase, and dollar roll; investment pools

ARTICLE 7. FEES, TAXES AND DEPOSITS

Part I. Fees

431:7-101 Fees

Part II. Taxes

431:7-201 Annual and quarterly tax statements

431:7-202 Taxation

431:7-202.5 Additions to taxes for noncompliance or evasion;

interest on underpayments and overpayments

431:7-203 Administrative refunds

431:7-204 In lieu provision

431:7-204.5 Appeals

431:7-204.6 Limitation period for assessment, levy,

collection, or refund

431:7-205 Reports to department of taxation

431:7-206 Domestic company credit for retaliatory taxes

paid other states

431:7-207 Tax credit to facilitate regulatory oversight

Part III. Deposits

431:7-301 Deposits of insurers

431:7-302 Purpose of deposit

431:7-303 Securities eligible for deposit

431:7-304 Record and receipt

431:7-305 Transfer of securities

431:7-306 Director may designate depositary

431:7-307 Responsibility for deposits

431:7-308 Dividends and substitutions

431:7-309 Release of deposit

431:7-310 Voluntary excess deposit

431:7-311 Not subject to levy

ARTICLE 8. UNAUTHORIZED INSURERS AND SURPLUS LINES

Part I. General Provisions

431:8-101 Scope

431:8-102 Definitions

Part II. Unauthorized Insurers

431:8-201 Transacting insurance business without

certificate of authority prohibited

431:8-202 Acting for or aiding unauthorized insurer

prohibited

431:8-203 Validity of contracts illegally effectuated

431:8-204 Liability of person assisting unauthorized

insurer

431:8-205 Insurance independently procured; duty to report

and pay tax

431:8-206 Commissioner may enjoin unauthorized insurers

431:8-207 Legal process against unauthorized insurer; how

service of process made

431:8-208 Defense of action by unauthorized insurer; bond

431:8-209 Attorney's fees

431:8-210 Advertising prohibited

431:8-211 Penalties

Part III. Surplus Lines Insurance

431:8-300 Exemptions from surplus lines law

431:8-301 Insurance placed with unauthorized insurer

permitted

431:8-302 Surplus lines in solvent insurers

431:8-303, 304 Repealed

431:8-305 Evidence of insurance; changes; penalties

431:8-306 Signature of broker and special endorsement of

surplus lines policy

431:8-307 Broker's duty to notify insured

431:8-308 Surplus lines insurance valid

431:8-309 Effect of payment to surplus lines broker

431:8-310 Surplus lines broker license required;

qualifications for license

431:8-311 Compensation

431:8-312 Records of surplus lines broker

431:8-313 Surplus lines broker's annual statement

431:8-314 Surplus lines advisory organizations

431:8-315 Tax on surplus lines

431:8-316 Penalty for failure to file statement or remit

tax

431:8-317 Suspension or revocation of license

431:8-318 Examination surplus lines broker's accounts and

records

431:8-319 Actions against surplus lines insurer; service of

process

431:8-320 Penalties

ARTICLE 9. LICENSING OF AGENTS, BROKERS, SOLICITORS,

AND ADJUSTERS

Part I. General Provisions

431:9-101 Scope

431:9-102 General agent defined

431:9-103 Subagent defined

431:9-104 Solicitor defined

431:9-105 Adjuster defined

Part II. Licensing Requirements, Procedures and

Enforcement

431:9-201 License required

431:9-202 Controlled business

431:9-203 General qualifications for license

431:9-204 Applications for license

431:9-205 Number of applications

431:9-206 Examinations for license

431:9-207 Scope of examination

431:9-208 Time of examinations

431:9-209 Advisory board

431:9-210 General agent's and subagent's qualifications

and license

431:9-211 Appointment, revocation, or termination of

general agents and subagents

431:9-212 Contents of licenses

431:9-213 Licenses to partnerships and corporations

431:9-214 Limited license

431:9-215 Number of licenses required

431:9-216 Solicitors; appointment, revocation, or

termination

431:9-217 Solicitor's qualifications and license

431:9-218 Responsibility of principal for solicitor

431:9-219 Nonresident agent or broker

431:9-220 Process against nonresident licensees

431:9-221 Limitations upon nonresident agent or broker

431:9-222 Qualification for adjuster's license

431:9-222.5 Workers' compensation claims adjusters; limited

license

431:9-223 Public adjuster's bond

431:9-224 Separate licenses

431:9-225 Form of adjusters' license

431:9-226 Powers conferred by an adjuster's license

431:9-227 General agent or subagent may adjust without a

license

431:9-228 Place of business

431:9-229 Records of general agent, subagent, adjuster

431:9-230 Reporting and accounting for premiums

431:9-231 Sharing commissions

431:9-232 Extension of licenses

431:9-233 Temporary licenses

431:9-234 Temporary licenses, duration and powers

431:9-235 Denial, suspension, revocation of licenses

431:9-235.5 Suspension or denial of license for noncompliance

with support order

431:9-236 Procedure for refusal, suspension, or revocation

431:9-237 Duration of suspension

431:9-238 Power to fine

431:9-239 Reinstatement or relicensing

431:9-240 Fine in lieu

ARTICLE 9A. MANAGING GENERAL AGENTS

431:9A-101 Definitions

431:9A-102 Licensure

431:9A-103 Required contract provisions

431:9A-104 Duties of insurers

431:9A-105 Examination authority

431:9A-106 Penalties and liabilities

431:9A-107 Rules

431:9A-108 Effective date

ARTICLE 9B. REINSURANCE INTERMEDIARY

431:9B-101 Definitions

431:9B-102 Licensure

431:9B-103 Required contract provisions; reinsurance

intermediary-brokers

431:9B-104 Books and records; reinsurance intermediary-

brokers

431:9B-105 Duties of insurers utilizing the services of a

reinsurance intermediary-broker

431:9B-106 Required contract provisions; reinsurance

intermediary-managers

431:9B-107 Prohibited acts

431:9B-108 Duties of reinsurers utilizing the services of a

reinsurance intermediary-manager

431:9B-109 Examination authority

431:9B-110 Penalties and liabilities

431:9B-111 Rules

ARTICLE 10. INSURANCE CONTRACTS GENERALLY

Part I. Readability of Insurance Contracts

431:10-101 Scope; effective dates

431:10-102 Definitions

431:10-103 Exemptions of certain contracts

431:10-104 General readability requirements

431:10-105 Required reading test; authorization and

availability

431:10-106 Flesch reading ease test; procedures

431:10-107 Filing of certificate

431:10-108 Flesch reading ease score; lower score

authorized; when

431:10-109 Disclosure of health care coverage and benefits

Part II. General Rules

431:10-201 Scope

431:10-202 Definitions

431:10-203 Power to contract

431:10-204 Insurable interest required; personal insurances

431:10-205 Interest of the insured

431:10-206 Application for insurance: consent of insured

required

431:10-207 Alteration of application

431:10-208 Limitations on use of application as evidence

431:10-209 Warranties, misrepresentations in applications

431:10-210 Standard form fire insurance policy

431:10-211 Content of policies in general

431:10-211.5 Premium waiver provisions; restrictions

431:10-212 Contract limitations for mentally retarded and

handicapped children

431:10-213 Repealed

431:10-214 Right to return policy

431:10-215 Readjustment of premiums; dividends

431:10-216 Additional contents

431:10-217 Charter, bylaw provisions

431:10-217.5 Policies relating to domestic abuse cases

431:10-218 Stated premium must include all charges

431:10-219 Multi-peril policies, premiums stated separately

431:10-220 Policy must contain entire contract

431:10-221 Prohibited policy provisions: limiting actions

and jurisdictions

431:10-222 Construction industry; indemnity agreements

invalid

431:10-222.5 Pooled insurance

431:10-223 Underwriters and combination policies

431:10-224 Execution of policies

431:10-225 Delivery of policy

431:10-226 Renewal of policy; new policy not required

431:10-227 Retroactive annulment of liability policies

prohibited

431:10-228 Assignment of policies

431:10-229 Dividends payable to the real party

431:10-230 Payment discharges insurer

431:10-231 Exemption of proceeds; disability

431:10-232 Exemption of proceeds; life, endowment and

annuity

431:10-233 Exemption of proceeds; group life

431:10-234 Spouses' and reciprocal beneficiaries' right in

life insurance policy

431:10-235 Forms for proof of loss furnished

431:10-236 Claim administration not waiver

431:10-237 Construction of policies

431:10-238 Validity of noncomplying forms

431:10-239 Intervening breach

431:10-240 Insurance contracts; punitive damages

431:10-241 Venue in certain actions

431:10-242 Policyholder and other suits against insurer

431:10-243 Interest upon proceeds of life insurance policies

431:10-244 Filing procedure for contracts approved by

commissioner

ARTICLE 10A. ACCIDENT AND SICKNESS INSURANCE CONTRACTS

Part I. Individual Accident and Sickness Policies

431:10A-101 Applications and exceptions

431:10A-102 Accident and sickness insurance policy defined

431:10A-103 Family coverage defined

431:10A-104 Form of policy

431:10A-105 Required provisions

431:10A-106 Optional provisions

431:10A-107 Inapplicable or inconsistent provisions

431:10A-108 Order of certain policy provisions

431:10A-109 Third party ownership

431:10A-110 Requirements of other jurisdictions

431:10A-111 Other policy provisions

431:10A-112 Policy conflicting with this part

431:10A-113 Filing procedure

431:10A-114 Age limit

431:10A-115 Coverage of newborn children

431:10A-115.5 Coverage for child health supervision services

431:10A-116 Coverage for specific services

431:10A-116.3 Coverage for telehealth

431:10A-116.5 In vitro fertilization procedure coverage

431:10A-116.6 Contraceptive services; options

431:10A-117 Franchise plan

431:10A-118 Genetic information nondiscrimination in

health insurance coverage

Part II. Group and Blanket Disability Insurance

431:10A-201 Definitions

431:10A-202 Health care groups

431:10A-203 Standard provisions

431:10A-204 Optional provision, examination and autopsy

431:10A-205 Payment of benefits

431:10A-206 Coverage of newborn children

431:10A-206.5 Coverage for child health supervision services

431:10A-207 Coverage for specific services

431:10A-208 Qualified medical child support order

Part III. Medicare Supplement Policies

431:10A-301 Definitions

431:10A-302 Applicability and scope

431:10A-303 Repealed

431:10A-304 Standards for policy provisions

431:10A-305 Rules

431:10A-306 Loss ratio standards

431:10A-307 Disclosure standards

431:10A-308 Notice of free examination

431:10A-309 Filings; approval of forms

431:10A-310 Filing requirements for advertising

431:10A-311 Penalties

431:10A-312 Severability

Part IV. Extended Health Insurance

431:10A-401 Purpose

431:10A-402 Definitions

431:10A-403 Association of insurers; policyholder; policy

431:10A-404 Persons authorized to transact insurance

431:10A-405 Association; powers, process; examination

431:10A-406 Forms; rates; approval

431:10A-407 Duplication of benefits; adjustment

431:10A-408 Annual report filed by association

431:10A-409 Articles of association; agent, membership list;

deception

431:10A-410 Violation of other laws

Part V. Long-Term Care Insurance

431:10A-521 Definitions

431:10A-522 Prohibition

431:10A-523 Disclosure standards

431:10A-524 Policy standards

431:10A-525 Repealed

431:10A-525.5 Prior hospitalization; prior institutionalization

431:10A-526 Loss ratio standards

431:10A-527 Outline of coverage required

431:10A-527.5 Life insurance policies offering long-term care

benefits

431:10A-528 Right to return; free look provision

431:10A-529 Group policy certificate requirements

431:10A-530 Exceptions

431:10A-531 Rules

Part VI. Miscellaneous Provisions

431:10A-601 Reciprocal beneficiary family coverage defined;

policyholder and employer responsibility for

costs; availability

ARTICLE 10B. CREDIT LIFE INSURANCE

AND CREDIT DISABILITY INSURANCE

431:10B-101 Purpose

431:10B-102 Scope

431:10B-103 Definitions

431:10B-104 Forms of credit life insurance and credit

disability insurance

431:10B-105 Amount of credit life insurance and credit

disability insurance

431:10B-106 Term of credit life and credit disability

insurance

431:10B-107 Provisions of policies and certificates of

insurance: disclosure to debtors

431:10B-108 Filing, approval, and withdrawal of forms and

premium rates

431:10B-109 Premiums and refunds

431:10B-110 Issuance of policies

431:10B-111 Claims

431:10B-112 Existing insurance and choice of insurer

431:10B-113 Enforcement

431:10B-114 Penalties

ARTICLE 10C. MOTOR VEHICLE INSURANCE

Part I. General Provisions

431:10C-101 Short title

431:10C-102 Purpose

431:10C-103 Definitions

431:10C-103.5 Personal injury protection benefits; defined;

limits

431:10C-103.6 Personal injury protection benefits tied to

prepaid health care plan for description of

coverage only

431:10C-104 Conditions of operation and registration of motor

vehicles

431:10C-104.5 Amnesty period for uninsured motorists

431:10C-105 Self-insurance

431:10C-106 Specialty insurers not prohibited

431:10C-107 Verification of insurance: motor vehicles

431:10C-108 Unlawful use of motor vehicle insurance

identification card

431:10C-109 Motor vehicle insurance identification card after

cancellation of policy; return to insurer, civil

sanctions

431:10C-110 Rejection of application, joint underwriting plan

placement

431:10C-111 Cancellation and nonrenewal of policies: when

prohibited, when permitted

431:10C-111.5 Limit on nonrenewals and conditional renewals

431:10C-112 Notice of cancellation or nonrenewal; effect on

term of coverage

431:10C-112.5 Notice of cancellation for insurer ceasing to

issue motor vehicle insurance policies

431:10C-113 Violation of rejection, cancellation and

nonrenewal provisions

431:10C-114 Insured's obligations upon termination of

insurance

431:10C-115 Drivers education fund underwriters fee

431:10C-115.5 Repealed

431:10C-115.6 Disclosure of personal injury protection limits

and payments

431:10C-115.7 Plain language billings

431:10C-116 Challenges to motor vehicle insurance law;

intervention by attorney general

431:10C-117 Penalties

431:10C-118 Fee in lieu of fine; defense

431:10C-119 Insurer's requirements

431:10C-120 Prohibitions, penalty

431:10C-121 Severability

Part II. Rates and Administration

431:10C-201 Motor vehicle insurance rates generally

431:10C-202 Making of motor vehicle insurance rates

431:10C-202.5 Immediate rate freeze; rate reduction; relief

431:10C-203 Rate filings

431:10C-204 Repealed

431:10C-205 Rate review: request by aggrieved party

431:10C-206 Repealed

431:10C-206.5 Group insurance plans

431:10C-207 Discriminatory practices prohibited

431:10C-208 Increase in premiums prohibited

431:10C-209 Rate administration

431:10C-209.5 Intervention by commissioner to adjust rates

431:10C-210 Publication of premium rates

431:10C-211 Attorney's fees

431:10C-212 Administrative hearing on insurer's denial of

claim

431:10C-213 Arbitration

431:10C-213.5 Binding arbitration

431:10C-214 Administration

431:10C-215 Inspection and audit

431:10C-216 Annual review

Part III. Coverages and Rights

431:10C-301 Required motor vehicle policy coverage

431:10C-301.5 Covered loss deductible

431:10C-302 Required optional additional insurance

431:10C-302.5 Managed care option

431:10C-303 Right to personal injury protection benefits

431:10C-303.5 U-drive insurance policy; primary

431:10C-304 Obligation to pay personal injury protection

benefits

431:10C-305 Source of payment

431:10C-305.5 Right to reimbursement of deductible paid; when

431:10C-306 Abolition of tort liability

431:10C-307 Reimbursement of duplicate benefits

431:10C-307.7 Insurance fraud; penalties

431:10C-307.8 Insurance fraud investigations unit

431:10C-308 Repealed

431:10C-308.5 Limitation on charges

431:10C-308.6 Repealed

431:10C-308.7 Client-patient referrals, health care provider

practices prohibited

431:10C-309 Total loss motor vehicle claims

431:10C-310 Total loss motor vehicle claims: replacement

431:10C-311 Total loss motor vehicle claims: cash settlement

431:10C-312 Payment of excise tax and certificate of

ownership fee

431:10C-313 Insurer practices regarding loss of use, storage

and towing, and betterment

431:10C-313.5 Preferred repair provider

431:10C-313.6 Original equipment manufacturer's and like kind

and quality parts

431:10C-314 Jurisdiction

431:10C-315 Statute of limitations

Part IV. Joint Underwriting Plan

Subpart A. Participation and Administration

431:10C-401 Participation

431:10C-402 Bureau

431:10C-403 Bureau's duties

431:10C-404 Allocation of costs

431:10C-405 Board of governors

431:10C-406 Regulations, review, and appellate procedure

Subpart B. Coverages and Assignment of Claims

431:10C-407 Classifications

431:10C-408 Assigned claims

Subpart C. Rates

431:10C-409 Establishment and criteria

431:10C-410 Schedules

431:10C-411 Optional additional coverages

431:10C-412 Adjustment and refund

Part V. Motorcycles and Motor Scooters

431:10C-501 to 504 Repealed

ARTICLE 10D. LIFE INSURANCE AND ANNUITIES

Part I. Individual Life Insurance, Annuities and Pure

Endowment Contracts

431:10D-101 Scope

431:10D-102 Standard provisions required

431:10D-103 Policy loan interest rates for policies issued

after June 22, 1982

431:10D-104 Standard nonforfeiture law; life insurance

contracts

431:10D-105 Annuities and pure endowment contracts; standard

provisions required

431:10D-106 Reversionary annuities; standard provisions

required

431:10D-107 Standard nonforfeiture law; individual deferred

annuities

431:10D-108 Limitation of liability

431:10D-109 Scope of incontestable clauses

431:10D-110 Incontestability after reinstatement

431:10D-111 Premium deposits

431:10D-112 Policy settlements

431:10D-113 Indebtedness deducted from proceeds

431:10D-114 Miscellaneous proceeds

431:10D-115 Dealing in dividends

431:10D-116 Prohibited policy plans

431:10D-117 Life franchise plan

431:10D-118 Variable contracts

Part II. Group Life Insurance

431:10D-201 Group life insurance requirements

431:10D-202 Employee groups

431:10D-203 Debtor groups

431:10D-204 Labor union groups

431:10D-205 Trustee groups

431:10D-206 Agent groups

431:10D-207 Public employee association groups

431:10D-208 Mutual benefit society groups

431:10D-209 Professional association groups

431:10D-210 Occupation, industry, or trade association groups

431:10D-211 Credit union groups

431:10D-212 Spouses and dependents of insured individuals

431:10D-213 Standard provisions required

431:10D-214 Notice to insured regarding conversion right

431:10D-215 Assignment of policies

Part III. Industrial Life Insurance

431:10D-301 Scope

431:10D-302 General life insurance provisions applicable

431:10D-303 Industrial life insurance defined

431:10D-304 Compliance required

431:10D-305 Standard provisions required

431:10D-306 Title on policy

431:10D-307 Beneficiary

431:10D-308 Facility of payment

431:10D-309 Premiums paid direct

431:10D-310 Application to term and specified insurance

431:10D-311 Crediting of dividends

431:10D-312 Prohibited provisions

431:10D-313 Limitation of liability

ARTICLE 10E. PROPERTY INSURANCE

431:10E-101 Insurable interest in property required

431:10E-102 Over-insurance prohibited; exceptions

431:10E-103 Exceptions

ARTICLE 10F. SURETY INSURANCE

431:10F-101 Requirements deemed met by surety insurer

431:10F-102 Fiduciary bonds, expense

431:10F-103 Court bonds, costs

431:10F-104 Release from liability

ARTICLE 10G. MOTORCYCLE AND MOTOR SCOOTER INSURANCE

Part I. General Provisions

431:10G-101 Definitions

431:10G-102 Conditions of operation and registration of

motorcycles and motor scooters

431:10G-103 Motorcycle or motor scooter self-insurance

431:10G-104 Prerequisites for obtaining coverage

431:10G-105 Tort liability

431:10G-106 Verification of insurance

431:10G-107 Drivers education fund underwriters fee

431:10G-108 Penalties

431:10G-109 Rules

Part II. Rates and Administration

431:10G-201 Making of motorcycle and motor scooter insurance

rates

431:10G-202 Rate filings

431:10G-203 Rate review: request by aggrieved party

431:10G-204 Rate review: rate methods in noncompliance with

article

431:10G-206 Rate administration

Part III. Coverages and Rights

431:10G-301 Required motorcycle and motor scooter policy

coverage

ARTICLE 11. INSURANCE HOLDING COMPANY SYSTEM

431:11-101 Scope and purpose

431:11-102 Definitions

431:11-103 Subsidiaries of insurers

431:11-104 Acquisition of control or merger with domestic

insurer

431:11-104.1 Definitions

431:11-104.2 Scope

431:11-104.3 Preacquisition notification; waiting period

431:11-104.4 Competitive standard

431:11-104.5 Orders and penalties

431:11-104.6 Inapplicable provisions

431:11-105 Registration of insurers

431:11-106 Standards and management of an insurer within a

holding company system

431:11-107 Examination

431:11-108 Confidential treatment

431:11-109 Rules and regulations

431:11-110 Injunctions; prohibitions against voting

securities; sequestration of voting securities

431:11-111 Sanctions

431:11-112 Receivership

431:11-113 Recovery

431:11-114 Revocation, suspension, or nonrenewal of

insurer's license

431:11-115 Judicial review; mandamus

431:11-116 Conflict with other laws

431:11-117 Severability of provisions

ARTICLE 11A. BUSINESS TRANSACTED WITH PRODUCER

CONTROLLED PROPERTY/CASUALTY INSURER

431:11A-101 Definitions

431:11A-102 Applicability

431:11A-103 Minimum standards

431:11A-104 Disclosure

431:11A-105 Penalties

ARTICLE 12. MASS MERCHANDISING OF INSURANCE

431:12-101 Definitions

431:12-102 Applicability

431:12-103 Mass merchandising authorized

431:12-104 Mass merchandising prohibited; when

431:12-105 Mass merchandising requirements

431:12-106 Disclosure

431:12-107 Payroll deductions and premium collections

431:12-108 Employer's failure to remit premiums

431:12-109 Cancellation and nonrenewal

431:12-110 Premium rates

431:12-111 Readjustment of premiums; dividends

431:12-112 Underwriting standards

431:12-113 Statistics

431:12-114 Licenses

431:12-115 Establishment and maintenance of office

431:12-116 Rules

ARTICLE 13. UNFAIR METHODS OF COMPETITION AND

UNFAIR AND DECEPTIVE ACTS AND PRACTICES IN

THE BUSINESS OF INSURANCE

Part I. General Provisions

431:13-101 Purpose

431:13-102 Unfair methods of competition; unfair or

deceptive acts or practices prohibited

431:13-103 Unfair methods of competition and unfair or

deceptive acts or practices defined

431:13-104 Favored agent or insurer; coercion of debtors

431:13-105 Power of commissioner

431:13-106 Hearings

431:13-107 Commissioner's right of action

Part II. Penalties and Judicial Review

431:13-201 Cease and desist and penalty orders; judicial

review

431:13-202 Penalty for violation of cease and desist orders

431:13-203 Regulations

431:13-204 Provisions of sections additional to existing

laws

ARTICLE 14. RATE REGULATION

Part I. Casualty, Surety, Property, Marine and

Transportation Rate Regulation

431:14-101 Purpose

431:14-101.5 Definitions

431:14-102 Scope

431:14-103 Making of rates

431:14-103.3 Rate adjustment mandates

431:14-103.5 Contracting classification premium program

431:14-104 Rate filings

431:14-104.5 Loss cost filings

431:14-105 Policy revisions which alter coverage

431:14-105.5 Standing to intervene in rate filing and

ratemaking proceedings

431:14-106 Disapproval of filings

431:14-107 Rating organizations

431:14-107.1 Rating and advisory organizations, permitted

activity

431:14-107.2 Insurers and organizations, prohibited activity

431:14-107.3 Rating or advisory organizations, prohibited

activity

431:14-108 Deviations

431:14-109 Appeal by minority

431:14-110 Information to be furnished insureds; hearings

and appeals of insureds

431:14-110.5 Disclosure of workers' compensation premium

information

431:14-111 Advisory organizations

431:14-112 Joint underwriting or joint reinsurance

431:14-113 Examination

431:14-114 Rate administration

431:14-115 False or misleading information

431:14-116 Assigned risks

431:14-116.5 Assigned risk pool; experience rating plan

431:14-116.6 Assigned risk pool; residual market plan

431:14-117 Penalties

431:14-118 Hearing procedure and judicial review

431:14-119 Repealed

431:14-120 Additional powers for workers' compensation rate

filing and ratemaking

ARTICLE 14A. HAWAII EMPLOYERS' MUTUAL INSURANCE COMPANY

431:14A-101 Purpose

431:14A-102 Definitions

431:14A-103 Hawaii employers' mutual insurance company,

established

431:14A-104 Company divisions

431:14A-105 Board of directors, established

431:14A-106 Powers; generally

431:14A-107 Duties and responsibilities

431:14A-108 Administrator; appointment; duties

431:14A-109 Financial management

431:14A-109.5 Oversight council

431:14A-110 Premium rates, determination

431:14A-111 Reserves, investment

431:14A-112 Financial statements and other reports

431:14A-113 Annual accounting; dividends

431:14A-114 Audits

431:14A-115 Denial, cancellation, and termination

431:14A-116 Wilful misrepresentation and fraud

431:14A-117 Workplace safety and health programs

431:14A-118 Discontinuation of residual market plan

431:14A-119 Discontinuation of assigned risks

ARTICLE 15. INSURERS SUPERVISION, REHABILITATION

AND LIQUIDATION

Part I. General Provisions

431:15-101 Construction and purpose

431:15-102 Persons covered

431:15-103 Definitions

431:15-103.5 Standards and authority

431:15-104 Jurisdiction and venue

431:15-105 Injunctions and orders

431:15-106 Cooperation of officers and employees

431:15-107 Commissioner's reports

431:15-108 Continuation of delinquency proceedings

Part II. Summary Proceedings and Supervisory

Proceedings

431:15-201 Commissioner's summary orders and supervision

proceedings

431:15-202 Court's seizure order

431:15-203 Confidentiality of hearings

Part III. Formal Proceedings

431:15-301 Grounds for rehabilitation

431:15-302 Rehabilitation orders

431:15-303 Powers and duties of the rehabilitator

431:15-304 Actions by and against rehabilitator

431:15-305 Termination of rehabilitation

431:15-306 Grounds for liquidation

431:15-307 Liquidation orders

431:15-308 Continuance of coverage

431:15-309 Dissolution of insurer

431:15-310 Powers of liquidator

431:15-311 Notice to creditors and others

431:15-312 Duties of agents

431:15-313 Actions by and against liquidator

431:15-314 Collection and list of assets

431:15-315 Fraudulent transfers prior to petition

431:15-316 Fraudulent transfer after petition

431:15-317 Voidable preferences and liens

431:15-318 Claims of holders of void or voidable rights

431:15-319 Setoffs and counterclaims

431:15-320 Assessments

431:15-321 Reinsurer's liability

431:15-322 Applicability of claims settlement provisions to

loss claims

431:15-323 Recovery of premiums owed

431:15-324 Domiciliary liquidator's proposal to distribute

assets

431:15-325 Filing of claims

431:15-326 Proof of claim

431:15-327 Special claims

431:15-328 Provisions for third party claims

431:15-329 Disputed claims

431:15-330 Claims of surety

431:15-331 Secured creditor's claims

431:15-332 Priority of distribution

431:15-333 Liquidator's recommendations to the court

431:15-334 Distribution of assets

431:15-335 Unclaimed and withheld funds

431:15-336 Termination of proceedings

431:15-337 Reopening liquidation

431:15-338 Disposition of records during and after

termination of liquidation

Part IV. Interstate Relations

431:15-401 Conservation of property of foreign or alien

insurers found in this State

431:15-402 Liquidation of property of foreign or alien

insurers found in this State

431:15-403 Domiciliary liquidators in other states

431:15-404 Ancillary formal proceedings

431:15-405 Ancillary summary proceedings

431:15-406 Claims of nonresidents against insurers domiciled

in this State

431:15-407 Claims of residents against insurers domiciled in

reciprocal states

431:15-408 Attachment, garnishment and levy of execution

431:15-409 Interstate priorities

431:15-410 Subordination of claims for noncooperation

431:15-411 Separability

ARTICLE 16. GUARANTY ASSOCIATIONS

Part I. Property and Liability Insurance Guaranty

Association

431:16-101 Title

431:16-102 Purpose

431:16-103 Scope

431:16-104 Construction

431:16-105 Definitions

431:16-106 Creation of association

431:16-107 Board of directors

431:16-108 Powers and duties of the association

431:16-109 Plan of operation

431:16-110 Duties and powers of the commissioner

431:16-111 Effect of paid claims

431:16-112 Nonduplication of recovery

431:16-113 Prevention of insolvencies

431:16-114 Tax exemption

431:16-115 Recoupment of assessment

431:16-116 Immunity

431:16-117 Stay of proceedings

Part II. Life and Disability Insurance Guaranty

Association

431:16-201 Title

431:16-202 Purpose

431:16-203 Coverage and limitations

431:16-204 Construction

431:16-205 Definitions

431:16-206 Creation of the association

431:16-207 Board of directors

431:16-208 Powers and duties of the association

431:16-209 Assessments

431:16-210 Plan of operation

431:16-211 Duties and powers of the commissioner

431:16-212 Prevention of insolvencies

431:16-213 Credits for assessments paid

431:16-214 Miscellaneous provisions

431:16-215 Tax exemptions

431:16-216 Immunity

431:16-217 Stay of proceedings; reopening default judgments

431:16-218 Prohibited advertisement of association act in

insurance sales; notice to policyholders

431:16-219 Prospective application

ARTICLE 17. INSURANCE INFORMATION PROTECTION ACT

431:17-101 to 106 Repealed

ARTICLE 18. [RESERVED]

ARTICLE 19. CAPTIVE INSURANCE COMPANIES

431:19-101 Definitions

431:19-101.4 Service providers

431:19-101.5 Captive insurance administrator

431:19-101.6 Salary

431:19-101.7 General powers and duties

431:19-101.8 Captive insurance administrative fund

431:19-102 Licensing; authority

431:19-102.2 Personal lines insurance

431:19-102.3 Redomestication; approval as a domestic captive

insurer

431:19-102.4 Redomestication; conversion to foreign insurer

431:19-102.5 Confidential treatment

431:19-103 Names of companies

431:19-104 Minimum capital; letter of credit, security

431:19-105 Minimum surplus; letter of credit, security

431:19-106 Formation of captive insurance companies in this

State

431:19-107 Financial statements and other reports

431:19-108 Examinations and investigations

431:19-109 Grounds and procedures for suspension and

revocation of license

431:19-110 Legal investments

431:19-111 Reinsurance

431:19-112 Rating organizations; memberships

431:19-113 Exemption from compulsory associations

431:19-114 Rules

431:19-115 Laws applicable

431:19-115.5 Applicability of other laws to captive insurance

companies writing motor vehicle insurance

policies in this State

431:19-115.6 Applicability of other laws to captive insurance

companies writing credit life or other credit

disability insurance policies

431:19-116 Taxation

ARTICLE 20. TITLE INSURANCE AND TITLE INSURERS

431:20-101 Scope

431:20-102 Definitions

431:20-103 General insurance law applicable

431:20-104 Particular provisions prevail

431:20-105 Authorized business

431:20-106 Restrictions on business

431:20-106.5 Escrow depositories

431:20-107 Capital requirements

431:20-108 Guarantee fund

431:20-109 Limitations on compliance with section 431:20-107

and section 431:20-108

431:20-110 Purchase of materials and plant; valuation

431:20-110.5 Dividends

431:20-111 Loans to officers, etc.

431:20-112 Limit of risk

431:20-113 Underwriting standards and record retention

431:20-114 Reinsurance reserve

431:20-115 Use of reinsurance reserve on liquidation,

dissolution or insolvency

431:20-116 Loss and loss expense reserve

431:20-117 Reinsurance

431:20-118 Prohibition on rebates and inducements

431:20-119 Division of fees

431:20-120 Schedules of premiums and charges

431:20-121 Contract forms, filing, disapproval

431:20-122 Annual statement

431:20-123 Remedies

431:20-124 Additional penalty

431:20-125 Revocation or suspension of title insurer's

certificate of authority

ARTICLE 21. HAWAII PROPERTY INSURANCE ASSOCIATION

431:21-101 Purpose

431:21-102 Definitions

431:21-103 Creation of association

431:21-104 Board of directors

431:21-105 Powers and duties of the association

431:21-105.5 Default in payment of assessments

431:21-106 Plan of operation

431:21-107 Designation of area

431:21-108 Renewals of existing policies

431:21-109 Insurance coverages available under plan

431:21-110 Application; inspection

431:21-111 Duties and powers of the commissioner

431:21-112 Reports

431:21-113 Appeals

431:21-114 Tax exemptions

431:21-115 Credits for assessments paid

431:21-116 Examination

431:21-117 Immunity and limitation on liability

431:21-118 Status of association policies