# Hawaii SB 2043: RELATING TO INSURANCE.

Hawaii SB 2043, RELATING TO INSURANCE., is a 2025–2026 Regular Session (Year 2) Senate bill sponsored by Jarrett Keohokalole (Democratic); status signed, last action 2026-07-14 (Act 255, 07/14/2026 (Gov. Msg. No. 1357).) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/HI-SB2043-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii SB 2043
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 2)
- Title: RELATING TO INSURANCE.
- Status: signed
- Chamber: Senate
- Introduced: 2026-01-14
- Last action: 2026-07-14, Act 255, 07/14/2026 (Gov. Msg. No. 1357).
- Sponsor: Jarrett Keohokalole (Democratic)
- Cosponsors: 0
- Subjects: Insurance Commissioner, Insurance, Captive Insurance Companies, Examinations, Report, CPC
- Touches household money: no
- Roll calls: 8 (190 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

Until 12/31/2031, specifies that captive insurance companies that are not risk retention captive insurance companies are subject to examination no later than five years after licensure and any additional examination at the discretion of the Insurance Commissioner. On or after 1/1/2032, subjects captive insurance companies that are not risk retention captive insurance companies to examination at least once every five years. Requires the Insurance Commissioner to submit a report to the Legislature before the Regular Session of 2031. Effective 7/1/3000. (HD1)

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Jarrett Keohokalole (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-05-06 | House | House Floor Vote | pass | 51 | 0 |   |
| 2026-04-28 | House | The Conference Committee recommends that the measure be Passed, with Amendments.... | pass | 3 | 0 |   |
| 2026-04-28 | Senate | The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS.... | pass | 2 | 0 |   |
| 2026-04-09 | House | House Floor Vote | pass | 49 | 0 |   |
| 2026-04-07 | House | House Floor Vote | pass | 47 | 0 |   |
| 2026-03-31 | House | The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The ... | pass | 9 | 0 |   |
| 2026-02-06 | Senate | Senate Floor Vote | pass | 25 | 0 |   |
| 2026-01-29 | Senate | The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 4 | 0 |   |

## Actions (40)

- 2026-07-14: Act 255, 07/14/2026 (Gov. Msg. No. 1357). (Senate)
- 2026-07-14: Act 255, on 07/14/2026 (Gov. Msg. No. 1357). (House)
- 2026-05-08: Received notice of passage on Final Reading in House (Hse. Com. No. 888). (Senate)
- 2026-05-08: Enrolled to Governor. (Senate)
- 2026-05-06: Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none. (Senate)
- 2026-05-06: Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0). (House)
- 2026-05-06: Received notice of Final Reading (Sen. Com. No. 816). (House)
- 2026-04-29: Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 46-26). (Senate)
- 2026-04-29: 48 Hrs. Notice (as amended CD 1) 05-06-26. (Senate)
- 2026-04-29: Reported from Conference Committee (Conf Com. Rep. No. 46-26) as amended in (CD 1). (House)
- 2026-04-29: Forty-eight (48) hours notice Wednesday, 05-06-26. (House)
- 2026-04-28: The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 2 Aye(s): Senator(s) Keohokalole, Lamosao; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa. (Senate)
- 2026-04-28: The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Matayoshi, Grandinetti, Pierick; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none. (House)
- 2026-04-27: Conference committee meeting to reconvene on 04-28-26 2:30PM; Conference Room 224. (Senate)
- 2026-04-24: Bill scheduled for Conference Committee Meeting on Monday, 04-27-26 2:30PM in conference room 224. (House)
- 2026-04-23: Received notice of Senate conferees (Sen. Com. No. 724). (House)
- 2026-04-22: Senate Conferees Appointed: Keohokalole Chair; Lamosao Co-Chair; Awa. (Senate)
- 2026-04-21: House Conferees Appointed: Matayoshi Chair; Grandinetti, Pierick. (House)
- 2026-04-21: Received notice of appointment of House conferees (Hse. Com. No. 800). (Senate)
- 2026-04-10: Received from House (Hse. Com. No. 499). (Senate)
- 2026-04-10: Senate disagrees with House amendments. (Senate)
- 2026-04-10: Received notice of disagreement (Sen. Com. No. 564). (House)
- 2026-04-09: Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran excused (1). Transmitted to Senate. (House)
- 2026-04-07: Reported from CPC (Stand. Com. Rep. No. 1812-26) as amended in HD 1, recommending passage on Second Reading and placement on the calendar for Third Reading. (House)
- 2026-04-07: Passed Second Reading as amended in HD 1; placed on the calendar for Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Lowen, Olds, Quinlan excused (3). (House)
- 2026-03-31: The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Matayoshi, Grandinetti, Chun, Ilagan, Iwamoto, Kong, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Ichiyama, Lowen. (House)
- 2026-03-27: Bill scheduled to be heard by CPC on Tuesday, 03-31-26 2:05PM in House conference room 329 VIA VIDEOCONFERENCE. (House)
- 2026-02-12: Referred to CPC, referral sheet 12 (House)
- 2026-02-10: Pass First Reading (House)
- 2026-02-06: Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: Senator(s) Ihara, McKelvey . Noes, 0 (none). Excused, 0 (none). Transmitted to House. (Senate)
- 2026-02-06: Received from Senate (Sen. Com. No. 3) in amended form (SD 1). (House)
- 2026-02-04: Reported from CPN (Stand. Com. Rep. No. 2107) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading. (Senate)
- 2026-02-04: Report adopted; Passed Second Reading, as amended (SD 1). (Senate)
- 2026-02-04: 48 Hrs. Notice 02-06-26. (Senate)
- 2026-01-29: The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, Awa; Aye(s) with reservations: Senator(s) McKelvey ; 0 No(es): none; and 1 Excused: Senator(s) Lamosao. (Senate)
- 2026-01-28: The committee(s) on CPN has rescheduled its public hearing to 01-29-26 10:00AM; CR 229 & Videoconference. (Senate)
- 2026-01-23: The committee(s) on CPN has scheduled a public hearing on 01-29-26 9:31AM; Conference Room 229 & Videoconference. (Senate)
- 2026-01-22: Referred to CPN. (Senate)
- 2026-01-21: Introduced and passed First Reading. (Senate)
- 2026-01-14: Pending Introduction. (Senate)

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2043_CD1_.pdf)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2043_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/GM1357_.PDF)
- SB2043_CD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2043_CD1_.HTM)
- SB2043_HD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2043_HD1_.HTM)
- SB2043_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2043_SD1_.HTM)

## Related bills

- SB 847: RELATING TO PSYCHOLOGISTS. (became law)
- HB 2344: RELATING TO SCHOOL FACILITIES. (signed)
- HB 2023: RELATING TO TRANSPORTATION. (signed)
- HB 2021: RELATING TO TRANSPORTATION. (signed)
- SB 2338: RELATING TO HOUSING. (signed)
- SB 2031: RELATING TO CONSUMER PROTECTION. (signed)

## Sources
- [Bill Text (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2043_CD1_.pdf)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2043_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/GM1357_.PDF)
- [SB2043_CD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2043_CD1_.HTM)
- [SB2043_HD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2043_HD1_.HTM)
- [SB2043_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2043_SD1_.HTM)

## Related
- [SB 847: RELATING TO PSYCHOLOGISTS.](https://policyrisk.com/state-bill/HI-SB847-2026)
- [HB 2344: RELATING TO SCHOOL FACILITIES.](https://policyrisk.com/state-bill/HI-HB2344-2026)
- [HB 2023: RELATING TO TRANSPORTATION.](https://policyrisk.com/state-bill/HI-HB2023-2026)
- [HB 2021: RELATING TO TRANSPORTATION.](https://policyrisk.com/state-bill/HI-HB2021-2026)
- [SB 2338: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-SB2338-2026)
- [SB 2031: RELATING TO CONSUMER PROTECTION.](https://policyrisk.com/state-bill/HI-SB2031-2026)
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Source: PRIA, https://policyrisk.com/state-bill/HI-SB2043-2026 (as of 2026-11-01).