Haw. Rev. Stat. § 431:2D-101

Current through the 2024 Legislative Session

Section 431:2D-101 - Legislative intent

The purpose of this article is to establish a framework for insurance division market conduct actions, including:

(1) Processes and systems for identifying, assessing, and prioritizing market conduct problems that have a substantial adverse impact on consumers, policyholders, and claimants;

(2) Market conduct actions by the commissioner to substantiate those market conduct problems and a means to remedy significant market conduct problems; and

(3) Procedures to communicate and coordinate market conduct actions among states to foster the most efficient and effective use of resources.

HRS § 431:2D-101

L 2007, c 227 , pt of §1 .