CONFERENCE COMMITTEE REP. NO. -0 107-06
Honolulu, Hawaii
, 2006
RE: S.B. No. 2283
S.D. 1
H.D. 1
C.D. 1
Honorable Robert Bunda
President of the Senate
Twenty-Third State Legislature
Regular Session of 2006
State of Hawaii
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Third State Legislature
Regular Session of 2006
State of Hawaii
Sir:
Your Committee on Conference on the disagreeing vote of the Senate to the amendments proposed by the House of Representatives in S.B. No. 2283, S.D. 1, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO INSURANCE,"
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this bill is to update and conform current statutes governing insurer examinations and commercial general liability extended reporting requirements with the changes and revisions in the most current National Association of Insurance Commissioners Model Acts and Model Regulations.
Your Committee has amended this bill by:
(1) Deleting the provisions requiring insurers to annually file financial audits with the Insurance Commissioner;
(2) Deleting the provisions relating to accident and health or sickness insurance policies and disclaimers of liability for losses caused because the insured is under the influence of liquor or drugs;
(3) Deleting the provisions amending the Insurance Code rate regulation article relating to workers' compensation;
(4) Making technical, nonsubstantive amendments for clarity and style; and
(5) Changing the effective date from "July 1, 2050" to "July 1, 2006."
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of S.B. No. 2283, S.D. 1, H.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 2283, S.D. 1, H.D. 1, C.D. 1.
Respectfully submitted on behalf of the managers:
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ON THE PART OF THE HOUSE |
ON THE PART OF THE SENATE |
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____________________________ ROBERT N. HERKES, Chair |
____________________________ RON MENOR, Chair |
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