Hawaii published version CD1 5
SB2964
RELATING TO PROPERTY INSURANCE.
In one sentence
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Who it affects
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Official record
Sources
Official summary
RELATING TO PROPERTY INSURANCE. Homeowners Insurance; Underinsurance; Replacement Cost Value; Notice; Offer to Insure to Value; Administrative Penalty Requires homeowners insurance producers to notify policyholders that they may submit information regarding improvements made to the insured residential property, which shall then be submitted to the homeowners insurer. Requires homeowners insurers to reevaluate the replacement cost estimate based on the information submitted by a policyholder, and offer the policyholder the option to purchase additional coverage to cover the full amount of the replacement cost estimate. Establishes administrative penalties for violations. Effective 1/1/2027. (CD1)
Official activity
Bill history
- Act 256, on 07/14/2026 (Gov. Msg. No. 1358).H
- Act 256, 07/14/2026 (Gov. Msg. No. 1358).S
- Enrolled to Governor.S
- Received notice of passage on Final Reading in House (Hse. Com. No. 888).S
- Received notice of Final Reading (Sen. Com. No. 816).H
- Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).H
- Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.S
- Forty-eight (48) hours notice Wednesday, 05-06-26.H
- Reported from Conference Committee (Conf Com. Rep. No. 75-26) as amended in (CD 1).H
- 48 Hrs. Notice (as amended CD 1) 05-06-26.S
- Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 75-26).S
- The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Matayoshi, Grandinetti, Pierick; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.H
- The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 3 Aye(s): Senator(s) Keohokalole, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.S
- Bill scheduled for Conference Committee Meeting on Wednesday, 04-29-26 3:30PM in conference room 224.H
- Received notice of Senate conferees (Sen. Com. No. 783).H
- Senate Conferees Appointed: Keohokalole Chair; McKelvey Co-Chair; Awa.S
- Received notice of appointment of House conferees (Hse. Com. No. 787).S
- House Conferees Appointed: Matayoshi Chair; Grandinetti, Pierick.H
- Received notice of disagreement (Sen. Com. No. 710).H
- Senate disagrees with House amendments.S
Changes
Amendments
3 stored
Hawaii published version HD1 1
Hawaii published version SD1 3