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HAWAII STATUTES AND CODES
§431:8-102 - Definitions.
§431:8-102 Definitions. As used in this article:
"Authorized insurer" means an insurer holding a valid certificate of authority to transact an insurance business in this State.
"Surplus lines broker" means any producer licensed under section 431:8-310 to place insurance on risks resident, located, or to be performed in this State with unauthorized insurers.
"Surplus lines insurance" means any insurance on risks resident, located or to be performed in this State, procured from or placed with an unauthorized insurer in accordance with part III of this article.
"Unauthorized insurer" means an insurer not holding a valid certificate of authority to transact an insurance business in this State. [L 1987, c 347, pt of §2; am L 1989, c 195, §18; am L 2002, c 155, §13]