STAND. COM. REP. NO. 2126

Honolulu, Hawaii

, 2025

RE: S.C.R. No. 57

S.D. 1

Honorable Nadine K. Nakamura

Speaker, House of Representatives

Thirty-Third State Legislature

Regular Session of 2025

State of Hawaii

Madame:

Your Committee on Consumer Protection & Commerce, to which was referred S.C.R. No. 57, S.D. 1, entitled:

"SENATE CONCURRENT RESOLUTION URGING THE CONGRESS OF THE UNITED STATES TO ENACT A NATIONAL REINSURANCE PROGRAM TO ADDRESS THE MULTI-STATE INSURANCE CRISIS RESULTING FROM CATASTROPHIC NATURAL DISASTERS,"

begs leave to report as follows:

The purpose of this measure is to support the establishment of a National Reinsurance Program.

Your Committee received testimony in support of this measure from the Environmental Caucus of The Democratic Party of Hawaii and from two individuals.

As affirmed by the record of votes of the members of your Committee on Consumer Protection & Commerce that is attached to this report, your Committee concurs with the intent and purpose of S.C.R. No. 57, S.D. 1, and recommends its adoption.

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

____________________________

SCOT Z. MATAYOSHI, Chair