HRS §431:19-115.5
Captive insurers must follow motor vehicle insurance laws
This section says that captive insurance companies that write motor vehicle insurance in Hawaii must follow the same motor vehicle insurance laws as other insurers. They also must follow the rules the insurance commissioner makes to carry out those laws.
The statute, as written — Applicability of other laws to captive insurance companies writing motor vehicle insurance policies in this State
Captive insurance companies writing motor vehicle insurance policies in this State shall be subject to sections 431:10C-102, 431:10C-103, 431:10C-107, 431:10C-108, 431:10C-109, 431:10C-112, 431:10C-115, 431:10C-119, 431:10C-120, 431:10C-207, 431:10C-211, 431:10C-212, 431:10C-213, 431:10C-215, 431:10C-301, and 431:10C-303 through 431:10C-315. Captive insurance companies shall also be subject to the rules adopted by the commissioner to implement these sections.
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