HI| This Memorandum incorporates and re-emphasizes all previous Memorandums issued by the Insurance Division in response to the impact of COVID-19 on the business of insurance in Hawaii and adds instructions and guidelines to facilitate insurers’ responses and accommodations to policyholders.
The memo covers:
- Unfair Trade Practices & Methods of Competition
- Assitance for Policyholders
- Claims Handling Methods
- Premium Adjustments and Refunds
This memo in effect for 60 days from the date of issuance.