HRS §431:20-125
When the state can take away a title insurer's license
This section says the state insurance commissioner can suspend or revoke a title insurer's license after a hearing. This can happen if the insurer ignores a written warning to show its fee schedule or keeps paying illegal commissions or rebates. The hearing follows the rules in another section.
businesses
The statute, as written — Revocation or suspension of title insurer's certificate of authority
(a) The commissioner may after a hearing suspend or revoke the certificate of authority of any title insurer which: (1) After ten days' written notice from the commissioner requiring it so to do, fails to print, display, and make available to the public its schedule of fees and charges in the manner provided in section 431:20-120. (2) After ten days' written notice from the commissioner requiring it to cease and desist, continues to pay any commission or to make any rebate in wilful violation of section 431:20-118. (b) The hearings shall be conducted in accordance with section 431:20-103(3) and the commissioner shall have all the powers granted therein.
Sections this one refers to
§431:20-103 Title insurance follows the same general insurance rules
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