HRS §431:3D-101
Who this law covers and why it exists
Read the official text at capitol.hawaii.gov ↗This law applies to insurance companies based in Hawaii, unless they are exempt under another section. It sets rules for these companies to manage risk and check their own financial health, and requires them to file a summary report with the state insurance commissioner.
The statute, as written — Scope and purpose
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
(a) This article shall apply to all insurers domiciled in this State unless exempt pursuant to section 431:3D-106. (b) The purposes of this article shall be to: (1) Provide the requirements for maintaining a risk management framework and completing an own risk and solvency assessment; and (2) Provide guidance and instructions for filing an own risk and solvency assessment summary report with the commissioner.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.