RELATING TO INSURANCE.
Summary
Establishes the global warming and erosion reserve branch within the insurance division of the department of commerce and consumer affairs. Beginning June 1, 2019, requires authorized property insurers that cover losses resulting from an environmental event, including global warming, erosion, or both, to establish a Hawaii mandatory global warming and erosion reserve, to fund the payment of claims associated with global warming and erosion in the State's shoreline areas. Appropriates funds.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2018
Committee Review
Floor Vote
Governor
Introduced Jan 19, 2018
Last action Feb 14, 2018
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
3
Committee
4
Feb 14, 2018
Upper · Passed
The committee on WTL deferred the measure.
upper
Feb 14, 2018
Upper · Passed
The committee on AEN deferred the measure.
upper
Feb 9, 2018
Upper · Passed
The committee(s) on AEN/WTL has scheduled a public hearing on 02-14-18 1:15PM in conference room 224.
upper
Jan 22, 2018
Committee
Referred to AEN/WTL, CPH/WAM.
upper
Jan 19, 2018
Introduced
Introduced.
upper
2 primary · 0 co-sponsors
Sponsors
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