Villagonza v. Hawaii Insurance Guaranty Ass'n

OPINION OF THE COURT BY

NAKAMURA, J.

The Hawaii Insurance Guaranty Association (HIGA) is a nonprofit unincorporated legal entity'established by the legislature “to provide a mechanism for the payment of covered claims under certain insurance policies [in order] to avoid financial loss to claimants or policyholders because of the insolvency of an insurer [and a means] to assess the cost of such protection among insurers.” HRS §431D-2(1985). The question in this appeal from a summary judgment entered by the Circuit Court of the First Circuit is whether HIGA was obligated to honor a claim against…