ins memorandum 2000 9r

STATE OF HAWAII INSURANCE DIVISION DEPARTMENT OF COMMERCE & CONSUMER AFFAIRS P. O. BOX 3614 HONOLULU, HAWAII 96811-3614 250 S. KING ST., 5TH FLOOR HONOLULU, HAWAII 96813 BENJAMIN J. CAYETANO GOVERNOR MAZIE K. HIRONO LT. GOVERNOR KATHRYN S. MATAYOSHI DIRECTOR WAYNE METCALF INSURANCE COMMISSIONER September 24, 2002 Memorandum 2002-9R TO: ALL MOTOR VEHICLE INSURERS, SELF INSURERS AND CAPTIVES AUTHORIZED IN THE STATE OF HAWAII FROM: Wayne Metcalf Insurance Commissioner SUBJECT: DRIVERS EDUCATION FUND UNDERWRITERS’ FEE This memorandum supersedes Memorandum 1998-25R, dated October 27, 1998. Act 242, 2002 Legislative Session, effective July 1, 2002, amends §431:10C-115(a), Hawaii Revised Statutes, as follows: “(a) The commissioner shall assess and levy upon each insurer, and self-insurer, a drivers education fund underwriters fee of [$2] $3 a year on each motor vehicle insured by each insurer or self-insurer. This fee is due and payable on an annual basis by means and at a time to be determined by the commissioner.” Beginning with the calendar year ending December 31, 2002, payment shall be computed on the basis of $3.00 multiplied by the number of insured vehicles reported on the December 31, insured vehicle census report, MVID 14-2(1). The fee shall be remitted annually on or before February 15 of the subsequent year. Be advised that pursuant to §431:10G-107, Hawaii Revised Statutes, the fee for motorcycles and motor scooters remains at $2 a year on each motorcycle or motor scooter insured by each insurer or selfinsurer. The fee shall be remitted annually with the December 31st census report on or before February 15th of the subsequent year. Make checks payable to: Department of Commerce and Consumer Affairs P. O. Box 3614 Honolulu, HI 96811 Please annotate Drivers Ed Fee DEF. (A dishonored check returned by the bank will be assessed a service charge of $15.00. An interest charge of an additional $0.10 per month will be incurred for each month the service charge is not paid.) ***RETAIN THIS MEMORANDUM IN YOUR FILES FOR ANNUAL PAYMENT***