reglab/housing_qa huggingface dataset:
HI Rev Stat § 431:9A-159 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9A-159 Advertising.

 §431:9A-159 Advertising. (a) A course shall not be advertised as an approved course for continuing education credit unless the commissioner has approved the course in writing.  (b) Advertisements for an approved course shall include:  (1) The provider's name, course title, and course number;  (2) The statement "Approved by the Hawaii State Insurance Commissioner for continuing education credit";  (3) The number of approved credit hours; and  (4) The amount of tuition, fees, and all other associated expenses. [L 2003, c 55, pt of §1]
HI Rev Stat § 431:9A-160 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9A-160 Advisory committee.

 §431:9A-160 Advisory committee. (a) The commissioner may establish an advisory committee, which shall be composed of nine members appointed by the commissioner of which:  (1) Eight members shall be practicing licensees with active licenses; and  (2) One member shall be from the insurance division. Members shall serve staggered terms of two years each so that the terms of no more than five members expire each year.  (b) The advisory committee shall assist the commissioner by:  (1) Recommending to the commissioner policies, procedures, and administrative rules to implement this part, including:  (A) Additional criteria to be used in the consideration and review of course providers, courses, and course materials;  (B) Additional criteria to be considered in the approval or rejection of continuing education courses; and  (C) Courses, credit hours, and fees for applications of renewals for each approved course;  (2) Reviewing the continuing education course requirements for this State and other states to determine whether the courses are substantially equivalent and recommending to the commissioner whether to enter into or maintain reciprocal agreements with other states;  (3) Reviewing and critiquing proposed continuing education course materials to determine whether the course materials are appropriate for the purposes of continuing education and whether courses using these materials would comply with this part; and  (4) Providing such other and further assistance to the commissioner as the commissioner deems appropriate.  (c) The committee members shall receive no monetary compensation for services.  (d) The commissioner may grant continuing education equivalent credit to members of the advisory committee for work completed pursuant to this section. [L 2003, c 55, pt of §1]
HI Rev Stat § 431:9A-171 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9A-171 Definitions.

 §431:9A-171 Definitions. For purposes of this part:  "Commissioner" means the insurance commissioner as defined in section 431:2-102.  "Occupant" has the same meaning as in section 507-61.  "Owner" means any business entity that owns or is authorized to manage a self-service storage facility, or to receive rent from an occupant under a rental agreement, and no real estate license is required.  "Self-service storage facility" has the same meaning as in section 507-61.  "Stored property insurance" means insurance under a group, individual, corporate, commercial, or master policy to provide insurance coverage to occupants of a self-service storage facility for the loss of, or damage to, tangible personal property that is contained in a storage space located at a self-service storage facility or is in transit during the term of a self-service storage facility rental agreement.  "Supervising entity" means a business entity that is a licensed insurer or insurance producer that is appointed or authorized by an insurer to supervise the administration of a stored property insurance program. [L 2019, c 284, pt of §2]
HI Rev Stat § 431:9A-172 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9A-172 Licensure of owners.

 §431:9A-172 Licensure of owners. (a) An owner of a self-service storage facility shall hold a limited lines license to sell, solicit, or offer coverage under a policy of stored property insurance. An owner is not required to hold a license solely to display and make available to occupants and prospective occupants brochures and other promotional materials created by or on behalf of an authorized insurer.  (b) A limited lines license issued under this part shall authorize any employee or authorized representative of the owner to sell, solicit, and offer coverage under a policy of stored property insurance to an occupant at each location at which the owner engages in self-service storage transactions.  (c) The supervising entity shall maintain a registry of owner locations, employees, and representatives that are authorized to sell, solicit, or offer stored property insurance coverage in the State. Upon request by the commissioner and with notice to the supervising entity consistent with the commissioner's authority under this article, the registry shall be open to inspection and examination by the commissioner during regular business hours of the supervising entity.  (d) Notwithstanding any law to the contrary, a license issued pursuant to this part shall authorize the licensee and its employees and authorized representatives to engage in the activities that are permitted in this part. [L 2019, c 284, pt of §2]
HI Rev Stat § 431:9A-173 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9A-173 Requirements for sale of stored property insurance.

 §431:9A-173 Requirements for sale of stored property insurance. At every location at which stored property insurance is offered, brochures or other written or electronic materials shall be made available to occupants. The brochures or other written or electronic materials shall:  (1) Disclose that stored property insurance may provide a duplication of coverage already provided by an occupant's homeowner's insurance policy, renter's insurance policy, or other source of coverage;  (2) State that purchase by the occupant of the stored property insurance offered by the owner is not required to rent storage space or that, if renting storage space does require the occupant to have property insurance, the occupant may satisfy the requirement by providing evidence that the occupant has coverage from another source of property insurance;  (3) Contain the actual material terms of the insurance coverage, or summarize the material terms of the insurance coverage, including:  (A) The identity of the insurer;  (B) The identity of the supervising entity; and  (C) The price, deductible, benefits, exclusions, and conditions or other limitations of the coverage;  (4) Summarize the process for filing a claim in the event the occupant elects to purchase coverage;  (5) Disclose that the employee of the self-service storage facility is not qualified or authorized to evaluate the adequacy of the occupant's existing coverages, unless otherwise licensed;  (6) State that the occupant may cancel enrollment for coverage under a stored property insurance policy at any time and the person paying the premium shall receive a refund of any applicable unearned premium; and  (7) State that stored property insurance may also be purchased through licensed property and casualty producers, who may have more general knowledge and experience selling insurance and may better assist the occupant. Owners and employees selling stored property insurance under a limited lines license are not required to meet all of the requirements of a licensed insurance producer. [L 2019, c 284, pt of §2]
HI Rev Stat § 431:9A-174 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9A-174 Authority of owners.

 §431:9A-174 Authority of owners. (a) The employees and authorized representatives of owners may sell, solicit, and offer stored property insurance and shall not be subject to licensure as an insurance producer under this chapter; provided that:  (1) The owner obtains a limited lines license to authorize its employees and authorized representatives to sell, solicit, and offer stored property insurance pursuant to this part;  (2) The insurer issuing the stored property insurance either directly supervises or appoints a supervising entity to supervise the administration of a stored property insurance program, including development of a training program for employees and authorized representatives of the owner. The training shall comply with the following:  (A) Prior to an employee or authorized representative directly engaging in the activity of selling, soliciting, or offering stored property insurance, the employee or authorized representative shall receive the training set forth in this section;  (B) The training may be conducted in electronic form; provided that, if the training is conducted in an electronic form, the supervising entity shall implement a supplemental education program regarding the stored property insurance product that is conducted and overseen by a licensed employee of the supervising entity; and  (C) Each employee and authorized representative directly engaged in the activity of selling, soliciting, or offering stored property insurance shall receive basic instruction about the stored property insurance offered to occupants and the disclosures required under section 431:9A-173; and  (3) No employee or authorized representative of an owner shall advertise, represent, or otherwise portray the employee or authorized representative as a non-limited lines licensed insurance producer, unless so licensed.  (b) The charges for stored property insurance coverage may be billed and collected by the owner. Any charge to the enrolled occupant for coverage that is not included in the cost associated with the rental of storage space or related services shall be separately itemized on the enrolled occupant's bill. If the stored property insurance coverage is included with the rental of storage space or related services, the owner shall clearly and conspicuously disclose to the enrolled occupant that the stored property insurance coverage is included with the rental of storage space or related services. An owner that bills and collects the charges shall not be required to maintain the funds in a segregated account; provided that the owner is authorized by the insurer or supervising entity to hold the funds in an alternative manner and remits the funds to the insurer or supervising entity within sixty days of receipt. All premiums received by an owner from an enrolled occupant for the sale of stored property insurance shall be held in a fiduciary capacity for the benefit of the insurer. [L 2019, c 284, pt of §2]
HI Rev Stat § 431:9A-175 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9A-175 Sanctions for violations.

 §431:9A-175 Sanctions for violations. An owner or its employee or authorized representative shall be subject to sanctions pursuant to this chapter for the violation of any provision of this chapter. [L 2019, c 284, pt of §2]
HI Rev Stat § 431:9A-176 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9A-176 Application for license and fees.

 §431:9A-176 Application for license and fees. (a) A sworn application for a license under this part shall be filed with the commissioner on forms prescribed and furnished by the commissioner.  (b) The application for a license shall provide the following:  (1) Name, residence address, electronic-mail address, and other information required by the commissioner for an employee or officer of the owner or supervising entity that is designated by the applicant as the person responsible for the owner's compliance with the requirements of this part; provided that, if the owner derives more than fifty per cent of its revenue from the sale of stored property insurance, the information in this paragraph shall be provided for all officers, directors, and shareholders of record having beneficial ownership of ten per cent or more of any class of securities registered under the federal securities law; and  (2) Location of the applicant's home office.  (c) Any owner engaging in stored property insurance transactions on or before January 1, 2020, shall apply for licensure within ninety days of the date the application is made available by the commissioner. Any applicant commencing operations after January 1, 2020, shall obtain a license prior to offering stored property insurance.  (d) Initial and renewed licenses issued pursuant to this part shall be valid for periods consistent with this article.  (e) Each owner licensed under this part shall pay to the commissioner the limited lines producer's fee pursuant to section 431:7-101. [L 2019, c 284, pt of §2; am L 2021, c 111, §11] Revision Note  "January 1, 2020" substituted for "the effective date of Act [284], Session Laws of Hawaii 2019" pursuant to §23G-15.
HI Rev Stat § 431:9A-177 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9A-177 Standard of conduct

  §431:9A-177 Standard of conduct. An owner issued a limited lines self-service storage producer license shall act in good faith, abstain from deception, and practice honesty and equity in all insurance matters. [L 2021, c 110, §3]
HI Rev Stat § 431:9B-103 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9B-103 Required contract provisions; reinsurance intermediary-brokers.

  §431:9B-103 Required contract provisions; reinsurance intermediary-brokers. Transactions between a reinsurance intermediary-broker and the insurer it represents in that capacity shall only be entered into pursuant to a written authorization, specifying the responsibilities of each party. The authorization, at a minimum, shall provide that:  (1) The insurer may terminate the reinsurance intermediary-broker's authority at any time;  (2) The reinsurance intermediary-broker shall render accounts to the insurer accurately detailing all material transactions, including information necessary to support all commissions, charges, and other fees received by, or owing to, the reinsurance intermediary-broker, and remit all funds due to the insurer within thirty days of receipt;  (3) All funds collected for the insurer's account shall be held by the reinsurance intermediary-broker in a fiduciary capacity and deposited in a bank that is a qualified United States financial institution;  (4) The reinsurance intermediary-broker shall comply with section 431:9B-104;  (5) The reinsurance intermediary-broker shall comply with the written standards established by the insurer for the cession or retrocession of all risks; and  (6) The reinsurance intermediary-broker shall disclose to the insurer any relationship with any reinsurer to which business will be ceded or retroceded. [L 1992, c 176, pt of §6; am L 1993, c 321, §12]
HI Rev Stat § 431:9B-104 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9B-104 Books and records; reinsurance intermediary-brokers.

  §431:9B-104 Books and records; reinsurance intermediary-brokers. (a) For at least ten years after expiration of each contract of reinsurance transacted by the reinsurance intermediary-broker, the reinsurance intermediary-broker shall keep a complete record for each transaction showing:  (1) The type of contract, limits, underwriting restrictions, classes or risks, and territory;  (2) Period of coverage, including effective and expiration dates, cancellation provisions, and notice required for cancellation;  (3) Reporting and settlement requirements of balances;  (4) Rate used to compute the reinsurance premium;  (5) Names and addresses of assuming reinsurers;  (6) Rates of all reinsurance commissions, including the commissions on any retrocessions handled by the reinsurance intermediary-broker;  (7) Related correspondence and memoranda;  (8) Proof of placement;  (9) Details regarding retrocessions handled by the reinsurance intermediary-broker including the identity of retrocessionaires and percentage of each contract assumed or ceded;  (10) Financial records, including but not limited to, premium and loss accounts; and  (11) When the reinsurance intermediary-broker procures a reinsurance contract on behalf of a licensed ceding insurer:  (A) Directly from any assuming reinsurer, written evidence that the assuming reinsurer has agreed to assume the risk; or  (B) If placed through a representative of the assuming reinsurer, other than an employee, written evidence that the reinsurer has delegated binding authority to the representative.  (b) The insurer will have access and the right to copy and audit all accounts and records maintained by the reinsurance intermediary-broker related to its business in a form usable by the insurer. [L 1992, c 176, pt of §6; am L 1993, c 6, §18]
HI Rev Stat § 431:9B-105 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9B-105 Duties of insurers utilizing the services of a reinsurance intermediary-broker.

  §431:9B-105 Duties of insurers utilizing the services of a reinsurance intermediary-broker. (a) An insurer shall not engage the services of any person, firm, association, or corporation to act as a reinsurance intermediary-broker on its behalf unless the person, firm, association, or corporation is licensed as required by section 431:9B-102.  (b) An insurer may not employ an individual who is employed by a reinsurance intermediary-broker with which it transacts business, unless the reinsurance intermediary-broker is under common control with the insurer and subject to article 11.  (c) The insurer shall annually obtain a copy of statements of the financial condition of each reinsurance intermediary-broker with which it transacts business. [L 1992, c 176, pt of §6]
HI Rev Stat § 431:9B-107 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9B-107 Prohibited acts.

  §431:9B-107 Prohibited acts. The reinsurance intermediary-manager shall not:  (1) Cede retrocessions on behalf of the reinsurer, except that the reinsurance intermediary-manager may cede facultative retrocessions pursuant to obligatory facultative agreements if the contract with the reinsurer contains reinsurance underwriting guidelines for such retrocessions. The guidelines shall include a list of reinsurers with which those automatic agreements are in effect, and for each such reinsurer, the coverages and amounts or percentages that may be reinsured, and commission schedules;  (2) Commit the reinsurer to participate in reinsurance syndicates;  (3) Appoint any producer without assuring that the producer is lawfully licensed to transact the type of reinsurance for which the producer is appointed;  (4) Without prior approval of the reinsurer, pay or commit the reinsurer to pay, a claim, net of retrocessions, that exceeds the lesser of an amount specified by the reinsurer or one per cent of the reinsurer's policyholder's surplus as of December 31 of the last complete calendar year;  (5) Collect any payment from a retrocessionaire or commit the reinsurer to any claim settlement with a retrocessionaire, without prior approval of the reinsurer. If prior approval is given, a report must be promptly forwarded to the reinsurer;  (6) Jointly employ an individual who is employed by the reinsurer unless the reinsurance intermediary-manager is under common control with the reinsurer subject to article 11; or  (7) Appoint a sub-reinsurance intermediary-manager. [L 1992, c 176, pt of §6]
HI Rev Stat § 431:9B-108 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9B-108 Duties of reinsurers utilizing the services of a reinsurance intermediary-manager.

  §431:9B-108 Duties of reinsurers utilizing the services of a reinsurance intermediary-manager. (a) A reinsurer shall not engage the services of any person, firm, association, or corporation to act as a reinsurance intermediary-manager on its behalf unless the person, firm, association, or corporation is licensed as required by section 431:9B-102(b).  (b) The reinsurer shall annually obtain a copy of statements of the financial condition of each reinsurance intermediary-manager which the reinsurer has engaged prepared by an independent certified accountant in a form acceptable to the commissioner.  (c) If a reinsurance intermediary-manager establishes loss reserves, the reinsurer shall annually obtain the opinion of an actuary attesting to the adequacy of loss reserves established for losses incurred and outstanding on business produced by the reinsurance intermediary-manager. This opinion shall be in addition to any other required loss reserve certification.  (d) Binding authority for all retrocessional contracts or participation in reinsurance syndicates shall rest with an officer of the reinsurer who shall not be affiliated with the reinsurance intermediary-manager.  (e) Within thirty days of termination of a contract with a reinsurance intermediary-manager, the reinsurer shall provide written notification of the termination to the commissioner.  (f) A reinsurer shall not appoint to its board of directors any officer, director, employee, controlling shareholder, or subagent of its reinsurance intermediary-manager; provided that this subsection shall not apply to relationships governed by article 11. [L 1992, c 176, pt of §6]
HI Rev Stat § 431:9B-109 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9B-109 Examination authority.

  §431:9B-109 Examination authority. (a) A reinsurance intermediary shall be subject to examination by the commissioner. The commissioner shall have access to all books, bank accounts, and records of the reinsurance intermediary in a form usable by the commissioner.  (b) A reinsurance intermediary-manager may be examined as if it were the reinsurer. [L 1992, c 176, pt of §6]
HI Rev Stat § 431:9B-110 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9B-110 Penalties and liabilities.

  §431:9B-110 Penalties and liabilities. (a) After a hearing conducted in accordance with section 431:2-308, a reinsurance intermediary, insurer, or reinsurer found by the commissioner to be in violation of any provisions of this article shall:  (1) For each separate violation, pay a penalty in an amount not exceeding $5,000;  (2) Be subject to revocation or suspension of its license; and  (3) If a violation was committed by a reinsurance intermediary, the reinsurance intermediary shall make restitution to the insurer, reinsurer, rehabilitator, or liquidator of the insurer or reinsurer for the net losses incurred by the insurer or reinsurer attributable to the violation.  (b) The decision, determination, or order of the commissioner pursuant to subsection (a) shall be subject to judicial review pursuant to chapter 91 and section 431:2-308.  (c) Nothing contained in this section shall affect the right of the commissioner to impose any other penalties provided in the insurance law.  (d) Nothing contained in this article is intended to or shall in any manner limit or restrict the rights of policyholders, claimants, creditors, or other third parties or confer any rights on those persons. [L 1992, c 176, pt of §6]
HI Rev Stat § 431:9B-111 (2021)
2021 Hawaii Revised Statutes|Title 24. Insurance|431. Insurance Code|431:9B-111 Rules.

  §431:9B-111 Rules. The commissioner may adopt reasonable rules under chapter 91 for the implementation and administration of this article. [L 1992, c 176, pt of §6]