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PRODID:-//Access100//Hawaii Public Meetings//EN
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UID:77483@access100.app
DTSTAMP:20261007T113720Z
DTSTART:20260715T190000Z
DTEND:20260715T200000Z
SUMMARY:HJUP Board of Governors Meeting
DESCRIPTION:Council: Hawaii Joint Underwriting Plan\n\nOfficial Notice: https://calendar.ehawaii.gov/calendar/meeting/77483/details.html\n\nBOARD OF GOVERNORS
\nHAWAII JOINT UNDERWRITING PLAN
\nINSURANCE DIVISION
\nP. O. Box 3614
\nHONOLULU\, HI  96811
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\nA G E N D A
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\nJuly 15\, 2026
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\n9:00 a.m.
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\nIn-Person Meeting Location:
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\nQueen Liliuokalani Conference Room
\n335 Merchant Street
\nHonolulu\, HI 96813
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\nVirtual Participation:
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\nVirtual Videoconference Meeting - Join Zoom Meeting
\nZoom Link 07-15-26
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\nPhone:
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\n1-669-900-6833
\nMeeting ID: 814 8827 5837
\nPasscode: 038427
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\nReasonable accommodation for people with disabilities are available upon request. Requests for accommodations should be submitted via e-mail to mshimamu@dcca.hawaii.gov or by calling Mio Shimamura at 808-587-7581 (voice). Such requests should include a detailed description of the accommodation needed. In addition\, please include a way for the Hawaii Insurance Division to contact the requester if more information is needed to fulfill the request. Last minute requests will be accepted but may not be possible to accommodate. 
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\nBOARD PACKET MATERIALS WILL BE POSTED AT
\nState of Hawaii Calendar of Events
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\nI.                    Call to Order
\nThe Char will call the meeting to order and confirm quorum. 
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\nII.                 Reading of Antitrust Statement 
\nThe Antitrust Statement will be read into the record. 
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\nIII.              Approval of Minutes – April 15\, 2026
\nThe Board will review and consider approval of the April 15\, 2026\, meeting minutes. Action may be taken to approve\, amend\, or defer the meeting minutes.
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\nIV.              Financial Reports from the Hawaii Joint Underwriting Plan (“HJUP”)
\nDiscussion of the financial statements as of September 30\, 2025\, included in the Board Packet:
\n·         Balance Sheet – Consolidated 
\n·         Statement of Income and Expenses – Consolidated and by Class 
\n·         Statement of Other‑Than‑Underwriting Expenses – Consolidated
\n·         Quarterly Exhibit of Reserves – Consolidated and by Class
\n·         Quarterly Results of Operations – Consolidated and by Class
\n·         Cash Flow Projection – As of December 31\, 2025
\n·         1Q 2026 Experience Reports for Commercial\, Private Passenger and Certified Public Assistance Insureds
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\nThe Board may discuss financial performance\, assess variances\, evaluate reserve positions and address any other relevant matters.  
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\nV.                Additional Items for Discussion
\nA.    Servicing Provider Update
\nUpdate on servicing provider operations\, current performance metrics\, and any issues that may require Board attention or direction. 
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\nB.     Proposal: Amendments to the HJUP Manual
\nHJUP will present proposed amendments to several rules intended to improve clarity\, remove redundancies\, and align procedures with current practices.
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\nRule 23 – Premium Development
\n·         Paragraph B.6.d amended to include a rounding step.
\n·         Private Passenger Liability Coverage Rating Worksheet reformatted and amended to include rounding steps.
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\n  Rule 56 – Age Group
\n  Rule deleted in its entirety because:
\n·         The age group table already appears in the Commercial Auto Rate Chapter and now includes for the 5th preceding model year or more.
\n·         Relevant notes are already included in applicable premium development rules\, making this rule redundant.  
\n·         “Original cost new” language is no longer needed for premium development.
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\n  Rule 140 – Motor Homes
\n·         Paragraphs D.1.a and D.2.a amended to specify the non‑fleet base rate.
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\n  The Board may recommend approval to the Commissioner\, amend\, or defer action on the proposed rule changes.
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\nC.     Compliance Audit Proposal: 
\nProposal to conduct two separate 2027 Compliance Audits:
\n·         HJUP Hawaii Certified Public Assistance Insureds’ policies.
\n·         Hawaii Commercial Automobile Insurance Procedures policies.
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\n  Audit Scope
\n·         Underwriting/Premium Reporting - Testing a sample of new business\, endorsements\, renewals\, and cancellations for compliance with HJUP rules and standard automobile risk underwriting principles.
\n·         Claims/Paid Loss Reporting/Assigned Claims Scope - Testing a sample of open and closed claim files for support of reported paid losses\, case reserve\, salvage and subrogation recoveries\, claims investigation\, accurate reporting of allocated claim expenses and processes to mitigate paid losses.
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\nThe Board may approval to the Commissioner\, amend\, or defer the audit proposal.
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\nVI.              Next Meeting 
\nWednesday\, October 21\, 2026\, 9:00 a.m.
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\nVII.           Adjournment
\n  The Chair will adjourn the meeting.
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\nPublic Testimony:
\nWritten testimony on any agenda item may be submitted via:
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\n Email:  mshimamu@dcca.hawaii.gov
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\nPostal mail: Hawaii Joint Underwriting Plan\, 335 Merchant St. Room 213\, Honolulu\, HI 96813   
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\nPlease submit written testimony at least 24 hours prior to the start of the meeting to ensure that it can be distributed to Board Members. Written testimony will only be accepted for the items listed on the meeting agenda.  Written public testimony submitted will be treated as public record and any contact information contained therein may be available for public inspection and copying.  For both internet or phone access\, when testifying\, you will be asked to identify yourself and the organization\, if any\, that you represent.  However\, anonymous testimony will still be accepted.
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\nInternet Access
\nTo view the meeting and provide live verbal testimony\, please use the Zoom link at the top of the agenda.
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\nPhone Access
\nYou may join the meeting with audio-only access by calling the phone number listed above.  You may be prompted to enter the meeting ID and passcode\; both are provided underneath the phone number on this agenda.
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\nLost Connectivity 
\nIf the Agency’s Interactive Conference Technology (ITC) connection for the remote meeting is lost\, the meeting will be recessed for up to 30 minutes until the connection is restored. In the event the Agency is only able to re-establish an audio connection\, the meeting will continue as audio-only. To connect via audio-only\, call in using the Phone number listed above. If the meeting cannot be properly restored within 30-minutes\, the meeting will automatically be cancelled and rescheduled to a later date and time to be posted on the State of Hawaii Public Meetings website @ https://calendar.ehawaii.gov/calendar/.
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\nPhysical Meeting Location 
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\nLocation open to the public that has an audiovisual connection at the In-Person Meeting Location listed above. 
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LOCATION:See attached agenda - Virtual and In-person location available
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