NOTICE OF PUBLIC HEARING

Pursuant to Hawaii Revised Statutes (“HRS”) section 431:2-201 and chapter 91, notice is hereby given that the Insurance Division (“Division") will hold a public hearing on Monday, November 4, 2024, at 10:00 a.m., in the Queen Liliuokalani Conference Room, First Floor, King Kalakaua Building, Department of Commerce and Consumer Affairs, 335 Merchant Street, Honolulu, Hawaii, to hear all persons interested in the proposed amendments and compilation of Hawaii Administrative Rules (“HAR”) Chapter 16-168 entitled "Credit for Reinsurance."
The purpose of the proposed amendments to this chapter is to reinsert form AR 1 (Certificate of Assuming Insurer) and make non-substantive format changes.
All interested persons shall be afforded the opportunity to submit data, views, or arguments, orally or in writing, to the Insurance Division at the time of hearing. All written and oral submissions regarding the proposed rules shall be fully considered. All persons wishing to submit written testimony are requested to submit 2 copies of their written testimony by Thursday, October 31, 2024, to the Insurance Division at the address noted below; or a copy by e-mail to insurance@dcca.hawaii.gov. A copy of the proposed rules may be obtained at no charge before the date of the hearing between 7:45 a.m. and 4:30 p.m., Monday through Friday, excluding holidays, at the following address: Department of Commerce and Consumer Affairs, Insurance Division, 335 Merchant Street, Room 213, Honolulu, Hawaii 96813.
Further, the full text of the proposed rules is available for review and can be downloaded free of charge from the following websites:
The Office of the Lieutenant Governor:
http://ltgov.hawaii.gov/the-office/administrative-rules/
The Department of Commerce and Consumer Affairs:
https://cca.hawaii.gov/hawaii-administrative-rules/
If you need an auxiliary aid/service or other accommodation due to a disability, contact Patricia Kondo at (808) 586-2790 or pkondo@dcca.hawaii.gov, as soon as possible, preferably at least 4 working days prior to the hearing. If a response is received after 4 working days prior to the hearing, we will try to obtain the auxiliary aid/service or accommodation, but we cannot guarantee that the request will be fulfilled.
Upon request, this notice is available in alternate formats such as large print, Braille, or electronic copy.
The Insurance Division intends to make its decision on the proposed rules at the time of the hearing. However, in the event the Insurance Division decides to take the decision on the proposed rules under advisement, it will announce the date when it intends to make its decision.
GORDON I. ITO
Insurance Commissioner
State of Hawaii
(SA1470075 10/2/24)