Haw. Rev. Stat. § 431:9B-105: Duties of insurers utilizing the services of a reinsurance intermediary-broker.
Where this section sits in the code
- Hawaii Code
- Division 2
- Title 24
- Chapter 431
(a) An insurer shall not engage the services of any person, firm, association, or corporation to act as a reinsurance intermediary-broker on its behalf unless the person, firm, association, or corporation is licensed as required by section 431:9B-102.
(b) An insurer may not employ an individual who is employed by a reinsurance intermediary-broker with which it transacts business, unless the reinsurance intermediary-broker is under common control with the insurer and subject to article 11.
(c) The insurer shall annually obtain a copy of statements of the financial condition of each reinsurance intermediary-broker with which it transacts business.
Collected 2026-09-14T18:32:11Z. Source file · JSON