HAR §16-23-24

HAR §16-23-24. Repealed

Last amended: 2026Length: 137 wordsOfficial source

Cite as Haw. Code R. § 16-23-24

[R 11/11/12] §16-23-25 Supplemental bond or excess liability insurance requirement. The commissioner may require any self-insurer to provide a bond or additional bond, cash, and securities or additional securities in a reasonable amount whenever the commissioner finds that the same is necessary or appropriate. The commissioner may also require the self-insurer to provide evidence of excess liability insurance (in excess of the self-insured retention) in a licensed insurer in an amount the commissioner finds appropriate in light of such factors as the exposure, the number of vehicles involved, and the financial condition of the self-insurer. [Eff 9/1/74; am and ren §16-23-25, 7/7/80; am and comp 9/1/82; comp 9/1/85; comp 9/1/88; am and comp 9/15/89; comp 9/1/90; comp 6/1/93; comp 1/1/98; comp 1/8/99; comp 11/11/12; comp 7/2/22; comp 4/17/26] (Auth: HRS §431:10C-214) (Imp: HRS §§431:10C-119, 431:10C-602, 431:10C-603, 431:10C-604)