Hawaii to reopen hurricane aid fund after twenty years of inactivity

The fund operated successfully all through the Nineteen Nineties, insuring roughly 155,000 policyholders statewide by 1999. Nonetheless, as non-public insurers steadily returned to the market, the HHRF ceased issuing new insurance policies in December 2000 and have become dormant by 2002. Regardless of its inactivity, the fund maintained a reserve steadiness to make sure readiness within the occasion of future market disruptions.