Governor’s Office Confirms Passage of HB 924 and Revised Definition of “Occurrence”

June 10, 2011
Tred R. Eyerly

Since late last week, we have heard rumors that HB 924 was signed by the Governor. Before today, there was no confirmation of this on either the Legislature's or the Governor’s websites. As you recall, HB 924 states that “occurrence” in a liability policy “shall be construed in accordance with the law as it existed at the time that the insurance policy was issued.” The bill was originally drafted to more aggressively overturn the Hawaii Court of Appeal’s decision in Group Builders v. Admiral Ins., 123 Haw. 142, 231 P.3d 67 (Haw. Ct. App. 2010). Read the full story… Read HB 924 Reprinted courtesy of Tred R. Eyerly, Insurance Law Hawaii. Mr. Eyerly can be contacted at te@hawaiilawyer.com



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