Relating To Insurance For Hawaii Condominium Properties.
State of HawaiiHawaiiRequires property insurers to offer discounts on a condominium association's annual insurance premium if the association adopts specific risk mitigation upgrades or develops comprehensive disaster response plans. Requires property insurers of condominiums to base premium increases on actuarial justifications that reflect actual risk reduction resulting from upgraded fire safety improvements installed in conjunction with a building fire and life safety evaluation. Requires property insurers of condominiums to justify premium increases above ten per cent. Requires property insurers of condominiums to publicly report premium increases each year. Effective 7/1/2050. (SD2)
- Status
- Engrossed
- Passed its first chamber
- Status date
- Mar 4, 2025
- 618 days ago
- Current chamber
- House of Representatives
- Session
- 2026 Regular Session
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Bill details
- Last action
- Carried over to 2026 Regular Session. · Dec 8, 2025
- Pending committee
- Consumer Protection & Commerce
Sponsors
Show 1 more sponsor
Bill history
Newest first.
Show 10 earlier actions
Recorded votes
Subjects
- Condominiums
- Property Insurance
- Insurance Premiums
- Discounts
- Risk Mitigation Upgrades
- Disaster Response Plans
- Fire and Life Safety Evaluation
Read the bill at the source
This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.
Bill data from LegiScan, licensed under CC BY 4.0.