#hawaii insurance division

DTRIC has announced its intent to transition to a run-off insurance carrier in Hawai‘i; meaning that it will no longer issue new policies or renew existing ones. However, DTRIC will continue to administer all active policies, manage claims and meet its contractual and statutory obligations, over the next several years.

After a disaster or catastrophic event, insurance loss data specific to such an event is collected periodically from insurance companies doing business in the affected state. State insurance departments use the data for multiple reasons, including determining the total number of claims and insured losses, monitoring the solvency of domestic insurers to ensure they are financially sound to make claim payments to their insureds, and improving the overall experience of policyholders directly affected by a disaster.

In response to the wildfires, the Hawaiʻi Insurance Division has been on Maui since August to help the community with its insurance questions.  A representative will continue to be available for in-person assistance at the Lahaina Disaster Recovery Center at the Lahaina Civic Center Gymnasium, 8 a.m. to 6 p.m., Mondays through Saturdays.