RELATING TO INSURANCE.
Summary
Requires authorized property insurers to disclose certain information regarding payment of claims for the previous year. Establishes penalties. Effective 7/1/2050. (SD1)
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2026
Committee Review
Feb 2026
Senate Passage
Feb 2026
House Passage
Governor
Introduced Jan 23, 2026
Last action Feb 20, 2026
Maddy AI version diff · 1 comparison
What changed between versions
SB2777
→
SB2777_SD1
·
6 edits
MODERATE
The bill was updated from a Senate introduction to a Senate Draft 1 version, changing the bill number and metadata. Substantively, the disclosure requirement was narrowed from all property insurers to only those selling commercial and residential real property coverage, and the information to be reported was simplified to basic claim counts (open, opened, closed with payment, closed without payment, and ending open) rather than detailed payment approval statuses. The effective date was set to July 1, 2050, and the requirement for public publication was removed, shifting the focus to providing data directly to consumers upon request.
Scope change
The bill's scope was narrowed from all property insurers to only authorized insurers selling commercial and residential real property policies.
ELIGIBILITY
Changed the requirement from all property insurers to only authorized insurers selling commercial and residential real property coverage.
REQUIREMENT
Simplified the required disclosure data from detailed payment approval statuses to five basic claim counts: open at start, opened during period, closed with payment, closed without payment, and open at end.
Removed the mandate for the Insurance Division to publish the aggregated data publicly on its website or in-person.
Added a requirement for insurers to provide the data directly to consumers upon request in a clear and conspicuous manner.
TIMELINE
Set the effective date of the Act to July 1, 2050.
TECHNICAL
Updated bill metadata including title, revision numbers, and dates to reflect the Senate Draft 1 status.
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
9
Key actions
3
Committee
4
Feb 20, 2026
Upper · Passed
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
upper
Feb 20, 2026
Committee
Reported from CPN (Stand. Com. Rep. No. 2649) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
upper
Feb 17, 2026
Upper · Passed
The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 3 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao; Aye(s) with reservations: none ; 1 No(es): Senator(s) Awa; and 1 Excused: Senator(s) McKelvey.
upper
Jan 30, 2026
Upper · Passed
The committee(s) on CPN has scheduled a public hearing on 02-03-26 9:31AM; Conference Room 229 & Videoconference.
upper
Jan 30, 2026
Committee
Referred to CPN, WAM.
upper
Jan 23, 2026
Introduced
Introduced.
upper
4 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Angus McKelvey
DDemocratic
P
Jarrett Keohokalole
DDemocratic
P
Stanley Chang
DDemocratic
P
Troy Hashimoto
DDemocratic
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