On September 29, 2023, Hawaii issued Commissioner's Memorandum 2023-6R requiring all insurers who currently write, or have wrote residential hurricane coverage in the last 15 years, to complete the data call worksheet.
Hawaii
Hawaii Issues Hurricane Insurance Data Call
Oct 18, 2023 / by AAIS posted in Compliance, Data Call, Hawaii
Hawaii Commissioner Releases a Request to Insurers Regarding Affected Policyholders
Sep 20, 2023 / by AAIS posted in Compliance, Hawaii
On September 14, 2023, the Hawaii Insurance Commissioner issued Commissioner's Memorandum 2023-5A regarding policyholders that were affected by the August 8, 2023, wildfires on Maui Island. The Commissioner recognizes that Additional Living Expenses (ALE) is often available for up to 12 months after the event, but is encouraging all insurers that provide residential property insurance in the state of Hawaii to extend that time period and provide at least 36 months of ALE.
Hawaii Commissioner Releases a Request to Insurers Regarding Recent Wildfires
Aug 24, 2023 / by AAIS posted in Compliance, Hawaii
On August 16, 2023, the Hawaii Insurance Commissioner issued Commissioner's Memo 2023-3A regarding recent wildfires in Hawaii and Maui counties. The Commissioner is encouraging that insurers work with their insureds to continue coverage at this time, as well as do the following: