{"data":{"id":"us-hi/haw.-rev.-stat.-431-14a-110","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 431:14A-110","heading":"Premium rates, determination.","body":"(a) The board shall establish the premium rates to be charged for insurance sold by the company. The company shall comply with the requirements set forth in article 14 of this chapter. Premium rates shall be set at levels sufficient, when invested, to carry all claims to maturity, to meet the reasonable expenses for administering the company, and to maintain a reasonable surplus.\n\n(b) The board shall hire a qualified actuary to assist with the development of sound premium rates.","path":["Hawaii Code","Division 2","Title 24","Chapter 431"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol09_Ch0431-0435H/HRS0431/HRS_0431-0014A-0110.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"df08a5c1400937894845b1e2f201f9326e2557d0259aa0aa35c11db6cd83c1e5","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-431-14a-109.5","next":"us-hi/haw.-rev.-stat.-431-14a-111"},"notice":"GroundRules: Original legal text. Not legal advice."}