HRS §431:19-101.5
Captive insurance administrator
This section creates a special state official, the captive insurance administrator, to help the insurance commissioner oversee captive insurance companies. The commissioner appoints this person with the director's approval, and the administrator works directly for the commissioner.
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The statute, as written — Captive insurance administrator
There shall be established within the insurance division a captive insurance administrator, who shall be solely responsible for assisting the commissioner in monitoring, regulating, and developing captive insurance companies under this article. The commissioner, with the approval of the director of commerce and consumer affairs, shall appoint the administrator who shall be designated as a deputy commissioner and shall be exempt from chapter 76, notwithstanding section 431:2-105(b) to the contrary. The administrator shall serve at the pleasure of the director of commerce and consumer affairs and shall report directly to the commissioner.
Sections this one refers to
§431:2-105 Deputies and employees of the insurance commissioner
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