Which entity has the authority to suspend a license issued under Hawaii law?

The authority to suspend a license issued under Hawaii law resides with the Hawaii Insurance Commissioner. This is because the Insurance Commissioner is responsible for regulating the insurance industry within the state, ensuring that all licensed individuals and entities comply with the state's insurance laws and regulations. The Commissioner has the jurisdiction to take actions such as suspending or revoking licenses when there are violations or when a licensee does not meet the necessary legal or professional standards expected in the insurance field.

This oversight is crucial for maintaining the integrity of the insurance market in Hawaii and for protecting consumers. The other entities mentioned do not possess this regulatory authority; the Federal Government operates at a national level without the specific power to suspend state-issued licenses, insurance companies primarily have the ability to suspend or terminate contracts with agents but not their licenses, and local municipalities lack the jurisdiction to regulate state licenses.