Bill Commons

HI HB 590

in committee

RELATING TO INSURANCE FOR HAWAII CONDOMINIUM PROPERTIES.

Hawaii · 2026 Regular Session · lower

Description

Requires property insurers to offer discounts on a condominium association's annual insurance premium if the association adopts specific risk mitigation upgrades or develops comprehensive disaster response plans. Requires property insurers of condominiums to base premium increases on actuarial justifications that reflect actual risk reduction resulting from upgraded fire safety improvements installed in conjunction with a building fire and life safety evaluation. Requires property insurers of condominiums to justify premium increases above 10%. Requires property insurers of condominiums to publicly report premium increases each year.

Introduced
2025-01-21
Status date
—
Latest action
2025-12-08 — Carried over to 2026 Regular Session.
Bill type
bill
Last updated
—

Subjects

Sponsors

  • ICHIYAMAprimary

Committees

Not provided by source.

Action timeline

  1. 2025-12-08

    Carried over to 2026 Regular Session.

    carried-over

  2. 2025-01-21

    Referred to CPC, JHA, FIN, referral sheet 2

    referral-committee

  3. 2025-01-21

    Introduced and Pass First Reading.

    introduction,reading-1

  4. 2025-01-17

    Pending introduction.

Versions

Documents

Votes

Not provided by source.

Related bills

Official source

https://capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=590&year=2026

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:20:09.051962Z

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