HRS §431:21-105.5
What happens when an insurer does not pay an assessment
If an insurance company does not pay an assessment to the association on time, the association must tell the insurance commissioner in writing within five days. The association can also sue the company in circuit court to get the money.
The statute, as written — Default in payment of assessments
In the event any member insurer fails to pay any assessment by the association when due, the association shall report the default in writing to the commissioner no later than five days after the default and may bring a civil action in circuit court to enforce payment.
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