Hawaii Administrative Rules
Title 16 - DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS
Chapter 23 - MOTOR VEHICLE INSURANCE LAW
Subchapter 13 - THE JOINT UNDERWRITING PLAN
Section 16-23-79 - Commissions
Current through November, 2024
A servicing carrier shall pay a producer for business written pursuant to the JUP a commission at the following rate:
(1) For private passenger non-fleet motor vehicle insurance, a commission of eight per cent of the written premium up to a maximum amount of $75 per vehicle for all new business and five per cent of the written premium up to a maximum amount of $35 per vehicle for all renewals;
(2) For commercial and all other vehicles, five per cent of written premium for all new business and renewals; and
(3) No commission shall be paid for CPAI business.
All risks transferred from one servicing carrier to another under the JUP or reinstated policies are to be considered renewal business.
