Haw. Rev. Stat. § 431:21-102

Current through Act 25 of the 2024 Legislative Session
Section 431:21-102 - Definitions

As used in the article:

"Association" means the Hawaii Property Insurance Association created under section 431:21-103.

"Basic property insurance" means insurance against direct loss to real or tangible personal property from perils insured under the standard fire policy and extended coverage endorsement.

"Member insurer" means any person who is authorized to transact property or casualty insurance in this State and is not engaged only in writing motor vehicle insurance under section 431:10C-106.

"Net direct written premiums" means the premiums taxable pursuant to section 431:7-202(a) for policies of property and casualty insurance.

HRS § 431:21-102

L 1991, c 284, pt of §2