HRS §431:11A-104
Telling buyers about the insurer relationship
Before an insurance policy starts, the main producer must tell the buyer in writing about any relationship with the insurer. If a subproducer handles the sale, the main producer must keep a signed statement from the subproducer confirming they know the relationship and will tell the buyer.
The statute, as written — Disclosure
Prior to the effective date of the policy, the controlling producer shall deliver written notice to the prospective insured disclosing the relationship between the controlling producer and the controlled insurer; except that, if the business is placed through a subproducer who is not a controlling producer, the controlling producer shall retain in the controlling producer's records a signed statement from the subproducer that the subproducer is aware of the relationship between the controlled insurer and the controlling producer and a written commitment that the subproducer has or will notify the insured of that relationship.
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