Informing the Legislature that on May 16, 2025, the Governor signed the following bill into law: SB1369 SD1 HD1 (ACT 061).

This bill amends Hawaii Revised Statutes to require domestic mutual benefit societies, health maintenance organizations, and dental insurers to submit quarterly net solvency reports to the commissioner. Each organization must submit a verified report by the 45th day after each quarter's end (with the fourth quarter due by March 1), maintain a current copy at their primary business location, and face penalties of $100-$500 per day for failing to comply. The law, effective October 1, 2025, updates reporting deadlines and penalties under sections 432:1-407, 432D-8, and 432G-6. It directly affects these three types of insurance-related entities operating in Hawaii.