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Insurance division backs code updates; public cites rising HO‑6 premiums
Summary
DCCA's Insurance Division testified for HB22-82, which updates licensing and transparency rules; public commenters reported HO‑6 renewal increases around 20% and urged firmer oversight. The committee passed the bill with amendments to adopt the commissioner's proposed changes.
The DCCA Insurance Division urged the committee to pass HB22-82, a package of updates to Hawaii’s insurance code, while committee members and public commenters pressed for stronger consumer protections after recent premium increases.
Matt Sujimura, speaking for the Insurance Division, said the bill’s sections aim to increase consumer transparency and…
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