SB 2952 Hawaii Senate · 2026 Regular Session

RELATING TO INSURANCE.

SB 2952 requires certain insurance companies to notify policyholders at least 60 days before implementing any change to their insurance premiums, starting January 1, 2027. This applies directly to policyholders whose insurance rates are adjusted, giving them advance notice of increases or decreases. The key provision mandates that insurers provide this written notice 60 days prior to the effective date of the rate change. The bill does not alter premium amounts but ensures policyholders have sufficient time to review or plan for upcoming changes.

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2026

Committee Review

Mar 2026

Senate Passage

Mar 2026

House Passage

Governor

Introduced Jan 23, 2026 Last action Mar 12, 2026

Maddy AI version diff · 1 comparison

What changed between versions

SB2952 → SB2952_SD1 · 4 edits

MODERATE

This bill updates the legislative metadata to reflect its status as a Senate Draft 1 version and changes the effective date of the insurance rate change notification requirement from July 1, 2026, to July 1, 2050. The substantive policy regarding the 60-day notice period for insurers remains unchanged, but the delay in implementation significantly postpones when consumers will receive these protections.

Scope change

The bill's scope remains focused on requiring insurers to notify policyholders of rate changes, but the applicability is delayed by over two decades.

TIMELINE

The effective date for the new rate change notification requirements was moved from July 1, 2026, to July 1, 2050.

TECHNICAL

The bill title was updated to include 'SD1' to indicate it is a Senate Draft 1 version.

Several metadata fields, including author names, bill numbers, and revision counts, were updated to reflect the new draft status.

Minor text formatting adjustments were made to the section headers and introductory language.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 12, 2026

Committee

Referred to CPC, referral sheet 17

lower

Mar 10, 2026

Introduced

Received from Senate (Sen. Com. No. 325) in amended form (SD 1).

lower

Mar 10, 2026

Upper · Passed

Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.

upper

Mar 5, 2026

Upper · Passed

Report adopted; Passed Second Reading, as amended (SD 1).

upper

Feb 25, 2026

Upper · Passed

The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 20, 2026

Upper · Passed

The committee(s) on CPN has scheduled a public hearing on 02-25-26 9:32AM; Conference Room 229 & Videoconference.

upper

Jan 30, 2026

Committee

Referred to CPN.

upper

Jan 23, 2026

Introduced

Introduced.

upper

8 primary · 2 co-sponsors