Insurance Division

Identity area

Type of entity

Corporate body

Authorized form of name

Insurance Division

Parallel form(s) of name

Standardized form(s) of name according to other rules

Other form(s) of name

Identifiers for corporate bodies

Description area

Dates of existence

1903

History

The Insurance Division was created by Act 69, SLH, 1903 to regulate both foreign and domestic insurance agencies operating in Hawaii. The department is headed by an Insurance Commissioner and a Lieutenant Insurance Commissioner. The Insurance Commissioner was originally the ex-officio Territorial Treasurer. In 1963, the Department of Treasury and Regulation was renamed the Department of Regulatory Agencies (Act 114, SLH), and renamed again the Department of Commerce and Consumer Affairs in 1982 (Act 20, SLH). The Health Insurance Branch was established in the Insurance Division when the division was assigned new representation by Act 127, SLH, 1999.

Places

Legal status

The Insurance Division is responsible for overseeing the insurance industry in the State of Hawaii, including insurance companies, insurance agents, self-insurers, and captives (an in-house insurance company with a limited purpose not available to the general public). The Division ensures that consumers are provided with insurance services meeting acceptable standards of quality, equity, and dependability at fair rates by establishing and enforcing appropriate service standards.

Functions, occupations and activities

Mandates/sources of authority

Act 69, SLH, 1903.

Internal structures/genealogy

The Insurance Commissioner was originally the ex-officio Territorial Treasurer.
The Insurance Division has seven branches

General context

Relationships area

Related entity

Bureau of the Budget (1925-1960)

Identifier of the related entity

Category of the relationship

temporal

Type of relationship

Bureau of the Budget

is the successor of

Insurance Division

Dates of the relationship

1951

Description of relationship

The function to supervise and direct the determination and treatment of all risk pertaining to territorial property, personnel, and operations; formulate and direct a program for the reduction of risks by use of technical personnel and facilities of the territory; and insure each exposure to loss by the purchase of insurance was transferred from the Insurance Commissioner to the Director of the Bureau of the Budget by Act 264, Session Laws of Hawaii 1951.

Related entity

Health Insurance Branch (1999)

Identifier of the related entity

Category of the relationship

hierarchical

Type of relationship

Health Insurance Branch

is the subordinate of

Insurance Division

Dates of the relationship

1999

Description of relationship

Related entity

Department of Commerce and Consumer Affairs (1900)

Identifier of the related entity

Category of the relationship

hierarchical

Type of relationship

Department of Commerce and Consumer Affairs

is the superior of

Insurance Division

Dates of the relationship

1903

Description of relationship

Access points area

Subject access points

Place access points

Occupations

Control area

Authority record identifier

Maintained by

Institution identifier

Rules and/or conventions used

Status

Level of detail

Dates of creation, revision and deletion

Created on 2008-12, W. Ross
Revised on 2009-05

Language(s)

  • English

Script(s)

Sources

Session Laws of Hawaii, 1903, Act 69
Session Laws of Hawaii, 1963, Act 114
Session Laws of Hawaii, 1982, Act 20
[Session Laws of Hawaii, 1999, Act 127]
Marumoto, C. (2002). Guide to government in Hawaii. Honolulu, Hawaii: Legislative Reference Bureau.

Maintenance notes

2008-12, W. Ross: Created
2009-05: Revised
2020-10-01, Joel Horowitz: Entered into AtoM

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