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SB 2043: INSURANCE COMMISSIONER; INSURANCE; CAPTIVE INSURANCE COMPANIES; CERTIFICATE OF EXEMPTION; EXAMINATIONS

  • Session Year: 2025-2026
  • House: Senate

Current Status:

In Progress

(2026-01-29: The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, Awa; Aye(s) with reservations: Senator(s) McKelvey ; 0 No(es): none; and 1 Excused: Senator(s) Lamosao.)

Introduced

First Committee Review

First Chamber

Second Committee Review

Second Chamber

Final Decking

Enacted

Version:

Allows captive insurance companies that are not risk retention captive insurance companies to apply to the Insurance Commissioner for certificates of exemption from examination after meeting certain requirements.

Discussed in Hearing

Senate Standing Committee on Commerce and Consumer Protection3MIN
Jan 29, 2026

Senate Standing Committee on Commerce and Consumer Protection

View Older Hearings

News Coverage:

SB 2043: Insurance Commissioner; Insurance; Captive Insurance Companies; Certificate of Exemption; Examinations | Digital Democracy