HRS §431:10A-408
Annual report the association must file
The insurance association must send the state insurance commissioner a yearly public report. The report lists how many people are insured, which insurers take part, and the year's financial details like premiums, claims, expenses, and profit or loss. The commissioner can also ask for any other information about the association's operations.
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The statute, as written — Annual report filed by association
The association shall submit an annual report to the commissioner which shall become public information and shall include the following: (1) The number of persons insured; (2) The names of the insurers participating in the association with respect to insurance offered under this part; (3) The calendar year experience applicable to such insurance offered under this part. Item (3) shall include: (A) Premiums earned, (B) Claims paid during the calendar year, (C) The amount of claims reserve established, (D) Administrative expenses, (E) Commissions, (F) Promotional expenses, (G) Taxes, (H) Contingency reserve, (I) Other expenses, and (J) Profit and loss for the year. The commissioner shall require the association to provide any and all information concerning the operations of the association deemed relevant by the commissioner for inclusion in the report.
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