Hawaii Property Insurance Association

What this document is

Hawaii Revised Statutes chapter 431 (Insurance Code), Article 21 - Hawaii Property Insurance Association (15 of 20 listed sections) is a state statute published by Hawaii State Legislature (capitol.hawaii.gov); text as captured by the Internet Archive and verified against the live official page. It is one of the Hawaii documents that insurance license exam questions are written from, including hawaii property & casualty, hawaii personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• Haw. Rev. Stat. § 431:21-103(b) (Member insurer participation in the association)

  “(b) Each member insurer shall participate in the writings, expenses, profits, and losses of the association in the proportion that its net direct written premiums during the preceding calendar year bear to the net direct written premiums for all member insurers for the preceding calendar year.”

• Haw. Rev. Stat. § 431:21-118 (Status of association policies)

  “All financial institutions shall consider a policy issued by the association to be the same as a similar policy issued by an insurer authorized to transact insurance in this State.”

• Haw. Rev. Stat. § 431:21-110(a) (Application to the association)

  “Any person having an insurable interest in real or tangible personal property who has been unable to obtain basic property insurance from a licensed insurer may apply to the association for coverage.”

Practice this material

Questions about this source

More Hawaii sources

• Hawaii Revised Statutes § 431:13-103 - Unfair methods of competition and unfair or deceptive acts or practices definedState statute
• Hawaii Administrative Rules Title 16 Chapter 6, Credit Life and Credit Disability Insurance, HAR 16-6-1 to 16-6-16 (REGULATIONS, not HRS)Regulation
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• Hawaii Administrative Rules Title 16 Chapter 12, Medicare Supplement Insurance Minimum Standards, HAR 16-12-1 to 16-12-13 (REGULATIONS, not HRS)Regulation
• Hawaii Administrative Rules Title 16 Chapter 171, Subchapter 6, Military Sales Practices, HAR 16-171-601 to 16-171-606 (REGULATIONS, not HRS)Regulation
• Hawaii Administrative Rules Title 16 Chapter 171 (Miscellaneous Insurance Rules), Subchapter 1 General Provisions and Subchapter 3 Licensing Requirements, HAR 16-171-101 to 16-171-103 and 16-171-301 to 16-171-324 (REGULATIONS, not HRS)Regulation
• Hawaii Insurance Content OutlinesCandidate handbook or exam outline