STAND. COM. REP. NO.  1395-08

Honolulu, Hawaii

                , 2008

RE:   H.C.R. No. 171

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2008

State of Hawaii

Sir:

     Your Committee on Transportation, to which was referred H.C.R. No. 171 entitled:

"HOUSE CONCURRENT RESOLUTION REQUESTING THE INSURANCE COMMISSIONER TO STUDY THE ADVANTAGES AND DISADVANTAGES OF ADOPTING THE ENGLISH MARINE INSURANCE ACT, 1906,"

begs leave to report as follows:

     The purpose of this concurrent resolution is to request the Insurance Commissioner to study the advantages and disadvantages of adopting the English Marine Insurance Act, 1906.

     The Department of Commerce and Consumer Affairs testified in opposition to this concurrent resolution.  Howard G. McPherson offered comments on this measure.

     As affirmed by the record of votes of the members of your Committee on Transportation that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 171 and recommends that it be referred to the Committee on Consumer Protection & Commerce.

Respectfully submitted on behalf of the members of the Committee on Transportation,

____________________________

JOSEPH M. SOUKI, Chair