HRS §431:12-113
Insurers must keep separate data for mass merchandising plans
Insurance companies that sell mass merchandising insurance must track their own results for each plan, including money from premiums, claims paid, and costs. They must keep this information separate from data on their other insurance sales.
The statute, as written — Statistics
Every insurer mass merchandising insurance shall keep and maintain data on its experience under each plan, including data on premium income, losses, and expenses. The data shall be kept and maintained separately from any experience data on insurance sold by means other than mass merchandising.
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