Hawaii Approves Hurricane Models for Insurers' Use

Hawaii Approves Hurricane Models for Insurers' Use

On September 23, 2022, the Hawaii Department of Commerce and Consumer Affairs Insurance Division issued Memorandum 2022–9R to all licensed insurers offering property insurance in Hawaii, notifying them of newly adopted hurricane models that will be available for use. The Memorandum supersedes Memorandum 2003-3R dated July 30, 2003.

The Insurance Division has reviewed and approved for use, effective November 1, 2022, the following hurricane models in Hawaii:

  • AIR Tropical Cyclone Model, Version 3.10
  • Core Logic Hawaii Hurricane Model 2
  • RMS NA Hurricane Model, Version 18.1.1

Insurers with previously approved property rating programs which use formerly approved hurricane models are not required to refile.

Insurers who wish to use these newly approved models may do so, effective November 1, 2022. Additional filing instructions will be posted on the Insurance Division’s website and in the electronic filing system by this date. Insurers are encouraged to speak with the RPA Branch before making a new filing.

For questions regarding the Memorandum, please contact the RPA Branch Manager at (808) 586-2809 or email InsRPA@dcca.hawaii.gov.


Link to Memorandum 2022–9R