Hawaii bills · 2026 Regular Session
Hawaii SB 2950
RELATING TO INSURANCE.
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
Summary
Official abstract published by the Hawaii legislature· description
Authorizes captive insurance companies to underwrite, reinsure, or otherwise assume catastrophic property and casualty risks, subject to the approval and continuing supervision of the Insurance Commissioner. Allows the Commissioner to set certain minimum standards for captive insurance companies underwriting catastrophic property and casualty risk. Requires captive insurance companies underwriting catastrophic property and casualty risk to provide certain information in reports to the Commissioner. Effective 7/1/2050. (SD1)
Text versions
Roll-call votes
State vote data last updated Oct 15, 2026, 8:04 PM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Mar 10, 2026 Senate | Passed Third Reading, as amended (SD 1). | pass | Set your home in Hawaii to see |
| Feb 25, 2026 Senate | The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. | pass | Set your home in Hawaii to see |
Actions
- Jan 23, 2026 · Senate
Introduced. - Jan 26, 2026 · Senate
Passed First Reading. - Jan 30, 2026 · Senate
Referred to CPN. - Feb 20, 2026 · Senate
The committee(s) on CPN has scheduled a public hearing on 02-25-26 9:32AM; Conference Room 229 & Videoconference. - Feb 25, 2026 · Senate
The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. - Mar 5, 2026 · Senate
Reported from CPN (Stand. Com. Rep. No. 2796) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading. - Mar 5, 2026 · Senate
Report adopted; Passed Second Reading, as amended (SD 1). - Mar 5, 2026 · Senate
48 Hrs. Notice 3/10/2026. - Mar 10, 2026 · Senate
Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House. - Mar 10, 2026 · House
Received from Senate (Sen. Com. No. 324) in amended form (SD 1). - Mar 12, 2026 · House
Pass First Reading - Mar 12, 2026 · House
Referred to CPC, referral sheet 17