2016 Hawaii Revised Statutes
TITLE 24. INSURANCE
431. Insurance Code
431:14-116.5 Assigned risk pool; experience rating plan.
[§431:14-116.5] Assigned risk pool; experience rating plan. No employer shall be placed in an assigned risk pool for workers' compensation insurance that does not utilize an experience rating plan that includes:
(1) Reasonable eligibility standards;
(2) Incentives for loss prevention;
(3) Sufficient premium differentials to encourage safety; and
(4) Provisions for reasonable and equitable limitations on the ability of policyholders to avoid the impact of past adverse claims experience through change of ownership, control, management, or operation. [L 1995, c 234, pt of §20]
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