# Hawaii SB 1140: RELATING TO INSURANCE OF LAST RESORT.

Hawaii SB 1140, RELATING TO INSURANCE OF LAST RESORT., is a 2025–2026 Regular Session (Year 1) Senate bill sponsored by Angus L.K. McKelvey (Democratic); status in committee, last action 2025-02-10 (Reported from CPN (Stand. Com. Rep. No. 174) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/HI-SB1140-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii SB 1140
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 1)
- Title: RELATING TO INSURANCE OF LAST RESORT.
- Status: in committee
- Chamber: Senate
- Introduced: 2025-01-17
- Last action: 2025-02-10, Reported from CPN (Stand. Com. Rep. No. 174) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.
- Sponsor: Angus L.K. McKelvey (Democratic)
- Cosponsors: 3
- Subjects: DCCA, Residential Property Insurance, High-Risk Areas, Insurer of Last Resort, CPN, WAM/JDC
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Establishes the Fair Access to Insurance Requirements (FAIR) Program, which shall be established in and administered by the Department of Commerce and Consumer Affairs to ensure that residents in high-risk areas can purchase affordable and comprehensive property insurance coverage for their residential properties. Authorizes the Director of Commerce and Consumer Affairs to issue revenue bonds in amounts authorized by the Legislature, in which case the Premium Stabilization Fund shall be established by the Director. Effective 7/1/2050. (SD1)

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Angus L.K. McKelvey (Democratic), Senate
- Cosponsor: Stanley Chang (Democratic), Senate
- Cosponsor: Carol Fukunaga (Democratic), Senate
- Cosponsor: Herbert M. "Tim" Richards III (Democratic), Senate

## Actions (7)

- 2025-02-10: Reported from CPN (Stand. Com. Rep. No. 174) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC. (Senate)
- 2025-02-10: Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM/JDC. (Senate)
- 2025-01-31: 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, McKelvey; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Richards, Awa. (Senate)
- 2025-01-24: The committee(s) on CPN has scheduled a public hearing on 01-31-25 9:30AM; Conference Room 229 & Videoconference. (Senate)
- 2025-01-23: Referred to CPN, WAM/JDC. (Senate)
- 2025-01-21: Passed First Reading. (Senate)
- 2025-01-17: Introduced. (Senate)

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1140_SD1_.pdf)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1140_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1140_.PDF)
- SB1140_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1140_SD1_.HTM)

## Related bills

- SB 572: RELATING TO HOUSING. (signed)
- HB 431: RELATING TO HOUSING. (signed)
- HB 420: RELATING TO REMEDIES. (signed)
- SB 1296: RELATING TO DISASTER RECOVERY. (signed)
- HB 830: RELATING TO HISTORIC PRESERVATION REVIEWS. (signed)
- HB 1064: RELATING TO FIRE PROTECTION. (signed)

## Sources
- [Bill Text (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1140_SD1_.pdf)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1140_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1140_.PDF)
- [SB1140_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1140_SD1_.HTM)

## Related
- [SB 572: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-SB572-2025)
- [HB 431: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-HB431-2025)
- [HB 420: RELATING TO REMEDIES.](https://policyrisk.com/state-bill/HI-HB420-2025)
- [SB 1296: RELATING TO DISASTER RECOVERY.](https://policyrisk.com/state-bill/HI-SB1296-2025)
- [HB 830: RELATING TO HISTORIC PRESERVATION REVIEWS.](https://policyrisk.com/state-bill/HI-HB830-2025)
- [HB 1064: RELATING TO FIRE PROTECTION.](https://policyrisk.com/state-bill/HI-HB1064-2025)
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- [Hawaii state hub](https://policyrisk.com/states/hawaii)
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Source: PRIA, https://policyrisk.com/state-bill/HI-SB1140-2025 (as of 2026-10-17).