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Committee advances SB1563 to create an insurance consumer affairs office and rate-transparency rules
2255444 · February 6, 2025
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Summary
SB1563 would establish rate-transparency requirements and create an insurance consumer affairs office within DCCA; the committee passed the bill with amendments and asked for further discussion on details.
SB1563, a proposal to establish rate-transparency requirements for insurance companies operating in Hawaii and to create an office of insurance consumer affairs within the insurance division of the Department of Commerce and Consumer Affairs, was considered by the Senate Committee on Commerce and Consumer Protection on Feb. 10, 2025.
Jerry…
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