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CT HB06379
Bill
Status
Passed
6/6/2013
Primary Sponsor
Insurance and Real Estate Committee
Click for details
AI Summary
- Changes requirement for surplus lines insurance brokers to file "signed statements" instead of "affidavits" when procuring or renewing policies from unauthorized insurers, effective from passage
- Requires signed statements to include the type of policy and, for real property policies, the location of the property
- Shifts filing deadline from 45 days after policy procurement to quarterly submissions on February 15, May 15, August 15, and November 15 of each year
- Mandates signed statements be filed in electronic format with the commissioner
- Updates penalty provisions to reference the amended section and changes language from "neglects" to "fails" regarding non-compliance with filing requirements
Legislative Description
An Act Concerning Surplus Lines Insurance Brokers.
Last Action
Signed by the Governor
6/21/2013
Committee Referrals
Insurance and Real Estate2/7/2013
Full Bill Text
No bill text available