STAND. COM. REP. NO. 1089

Honolulu, Hawaii

RE:    H.B. No. 1075

       S.D. 1

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

Madam:

     Your Committee on Commerce and Consumer Protection, to which was referred H.B. No. 1075 entitled:

"A BILL FOR AN ACT RELATING TO INSURANCE,"

begs leave to report as follows:

     The purpose of this measure is to update various provisions of article 10H of the Insurance Code in order to reflect changes made by Act 233, Session Laws of Hawaii 2007.

     Your Committee received testimony in support of this measure from the Department of Commerce and Consumer Affairs and American Council of Life Insurers.  Written testimony presented to the Committee may be reviewed on the Legislature's website.

     Your Committee finds that with the aging of Hawaii's population and attendant increase in demand for long-term care, it is very important that the laws governing long-term care insurance are effective and up-to-date.  Your Committee finds that this measure accomplishes that goal by updating references within the Insurance Code to ensure that the law in this area is clear and unambiguous. 

     Your Committee has amended this measure by making technical, nonsubstantive amendments for the purpose of clarity and accuracy.

     As affirmed by the record of votes of the members of your Committee on Commerce and Consumer Protection that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1075, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1075, S.D. 1, and be placed on the calendar for Third Reading.

Respectfully submitted on behalf of the members of the Committee on Commerce and Consumer Protection,

____________________________

ROSALYN H. BAKER, Chair