Honorable Robert Bunda

President of the Senate

Twenty-Third State Legislature

Regular Session of 2006

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred H.B. No. 2319, H.D. 1, entitled:

begs leave to report as follows:

The purpose of this measure is to update and streamline the insurance statutes in conformity with federal law and national standards.

Your Committee finds that this measure is a housekeeping bill strongly supported by the Department of Commerce and Consumer Affairs' Insurance Division, as the measure will improve efficiency in the Division's operations.

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

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2319, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2319, H.D. 1, S.D. 1.