Report Title:

Insurance Contracts; Punitive Damages

Description:

Repeals the statute that limits insurance coverage for punitive damages to contracts that specifically provide such coverage.

HOUSE OF REPRESENTATIVES	H.B. NO.	239
TWENTY-FIFTH LEGISLATURE, 2009
STATE OF HAWAII

A BILL FOR AN ACT

relating to insurance.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

     SECTION 1.  Section 431:10-240, Hawaii Revised Statutes, is repealed.

     ["§431:10-240  Insurance contracts; punitive damages.  Coverage under any policy of insurance issued in this State shall not be construed to provide coverage for punitive or exemplary damages unless specifically included."]

     SECTION 2.  Statutory material to be repealed is bracketed and stricken.

     SECTION 3.  This Act shall take effect upon its approval.

INTRODUCED BY:

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