Bill Text: HI SB2697 | 2010 | Regular Session | Amended

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Bill Title: Insurance Producers; Adjusters; Independent Bill Reviewers; Managing General Agents; Bail Agents; Port-of-Entry Insurance; Captive Insurance; Mutual Benefit Societies; Health Maintenance Organizations; Access to Records; Confidentiality of Documents; Interstate Insurance Product Regulation Compact

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2010-05-18 - (H) Act 116, on 5/18/2010 (Gov. Msg. No. 331). [SB2697 Detail]

Download: Hawaii-2010-SB2697-Amended.html

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CONFERENCE COMMITTEE REP. NO. 78-10

 

Honolulu, Hawaii

                 , 2010

 

RE:    S.B. No. 2697

       S.D. 1

       H.D. 1

       C.D. 1

 

 

 

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

 

Madam and 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. 2697, 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 measure is to update the Insurance Code in order to bring Hawaii's law into conformity with the best practices in insurance regulation.

 

     Your Committee on Conference finds that this measure promotes national uniformity in insurance laws, streamlines the operations and improves the administrative efficiency of the Insurance Commissioner, and thereby reduces the cost of insurance regulation.  Additionally, your Committee finds that this measure will assist the Insurance Commissioner in maintaining accreditation with the National Association of Insurance Commissioners by ensuring that Hawaii's laws are in line with best practices in the industry. 

 

     Your Committee has amended this measure by:

 

     (1)  Making technical, nonsubstantive changes to ensure clarity and accuracy in the language of this measure; and

 

     (2)  Changing the effective date to July 1, 2010.

 

     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. 2697, 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. 2697, S.D. 1, H.D. 1, C.D. 1.

 

Respectfully submitted on behalf of the managers:

 

ON THE PART OF THE HOUSE

ON THE PART OF THE SENATE

 

____________________________ ROBERT N. HERKES, Co-Chair		____________________________ ROSALYN H. BAKER, Chair
____________________________ JON RIKI KARAMATSU, Co-Chair