Hawaii Hurricane Relief Fund-Board of Directors (Department of Commerce and Consumer Affairs)
Hawaii Hurricane Relief Fund - Board of Directors Meeting
AI-Generated Summary
Plain-language overview — always verify with official documents
What's Being Discussed
- State legislation affecting the Hawaii Hurricane Relief Fund (HHRF): The board will review three bills moving through the 2026 legislative session:
- A bill that would allow the state to issue bonds for a condo loan program, using HHRF money to help cover payments (HB 1513).
- A bill that would let the Attorney General, the HHRF, and insurers sue companies for climate-related damages and costs (HB 2226 / SB 3000).
- A bill that would allow the Department of Human Services to use HHRF funds to help residents during a Governor-declared emergency (HB 2237 / SB 2148).
- Hiring an auditor to review the HHRF's finances for the fiscal year ending June 30, 2026.
- Updates from program administrator Marsh USA on how the HHRF program is performing, including participation numbers, a possible consulting contract, and an insurance agent survey.
- Updates from consultant Aon Re on the reinsurance market and the process of renewing reinsurance coverage, which helps protect the fund from large losses.
- Scheduling future meetings for March 10 and April 14, 2026.
Decisions Expected
- Approval of the January 13, 2026 meeting minutes — a formal vote is required.
- The board may hold closed (executive) sessions with their attorney on legal questions related to any agenda item.
Who Should Pay Attention
- Hawaii homeowners and condo owners who rely on hurricane insurance coverage.
- Insurance agents and brokers who work with HHRF policies.
- Residents affected by disasters who may be eligible for emergency assistance funded by HHRF.
- Anyone following Hawaii property insurance market conditions, including affordability and availability of coverage.
How to Participate
This is a public meeting — all community members are welcome to attend and provide testimony. Meetings are typically held in person and may also be accessible online.