The impact of SB71 may extend to areas related to insurance regulations within the state. By updating the Hawaii Revised Statutes, it aims to ensure that insurance practices are compliant with current standards and needs. While the specific changes are not outlined in the provided text, it is implied that this act could streamline and modernize existing insurance frameworks, potentially affecting various stakeholders in the insurance industry.
Summary
Senate Bill 71, titled 'Relating to Insurance', is a short form bill introduced in the Hawaii legislature. The bill's main purpose is to amend the Hawaii Revised Statutes in alignment with its objectives, although it does not specify the particular provisions it seeks to alter or implement. As a result, the bill is more indicative of potential changes rather than providing detailed legislative content.
Contention
Given the short form nature of the bill, there are no explicit points of contention detailed in the documents reviewed. Parties interested in the insurance sector or public policy may have differing opinions regarding its implementation. The lack of specifics might lead to questions or concerns about what changes the bill will enact, and stakeholders may need to advocate for or against the bill based on potential outcomes not yet articulated.