The COVID Project
The record
- Jurisdiction
- Hawaii
- Level
- Sector regulator
- Authority
- HRS ch. 431
- Issued
- 2020-03-27 Mar. 27, 2020
- Effective
- 2020-03-27
- End
- 'for a period of 60 days after this health emergency has passed, or as long as reasonably practical' (read as 2021-09-30)
- In force
- Mar. 27, 2020 to Sept. 30, 2021
- Quarters
- 2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3
2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3
- Limitation types
- Other
- Addressees
- all admitted and non-admitted insurers offering policies in Hawaii, all lines
- Functions reached
- IN insurance premium collection, cancellation and underwriting inspections
- CB policyholders
- Collection
- Hawaii HI
Operative words
The Insurance Commissioner encourages insurers to work with their insureds to ensure coverage continues during this time, policies do not lapse, and to consider the following: 1. Refrain from cancelling or non-renewing policies due to non-payment during this time of hardship and to grant a grace period for premium payments to be made; 2. Work with insureds on a structured payment plan for late premium payments; 3. Waive late fees and penalties; 4. Extend timeframes to complete property and automobile inspections or undergo medical examinations; and 5. Continue working with insureds for a period of 60 days after this health emergency has passed
Enforcement
Regulator's memorandum to licensees (hortatory; the Commissioner's Apr. 27, 2020 memorandum treats compliance as outside HRS ch. 431 art. 13 unfair-trade-practice enforcement)
Notes
Recites that 'Business will have substantially reduced revenue, employees will have reduced hours and may lose their jobs'
Retrieval noteThe Division's memorandum is a request, not a rule; state it as such.