(a) This part is supplemental to any other laws of this State, and shall not preclude or limit any other powers or duties of the commissioner under those laws, including but not limited to article 15.
Terms Used In Hawaii Revised Statutes 431:3-409
Benefit society: means a mutual benefit society registered under section 432:1-301 or a fraternal benefit society organized under § 432:2-301. See Hawaii Revised Statutes 431:3-401
Property and casualty insurer: means any insurer that is within the definition of § 431:1-206, 431:1-207, 431:1-208, 431:1-209, 431:1-210, or 431:1-211 and is licensed under article 3, but shall not include monoline mortgage guaranty insurers, financial guaranty insurers, and title insurers. See Hawaii Revised Statutes 431:3-401
(b) The commissioner may adopt rules pursuant to chapter 91 necessary for the implementation of this part.(c) The commissioner may exempt from the application of this part any domestic property and casualty insurer that:
(1) Writes direct business in this State;(2) Writes direct annual premiums of $2,000,000 or less; and(3) Assumes no reinsurance in excess of five per cent of direct premiums written.(d) The commissioner may exempt from the application of this part any domestic benefit society or health maintenance organization that:
(1) Writes direct business only in this State;(2) Assumes no reinsurance in excess of five per cent of direct premiums written; and(3) Writes direct annual premiums for comprehensive medical business of $2,000,000 or less; or(4) Is a benefit society or health maintenance organization that covers fewer than two-thousand lives.