CT HB06864

Adds "renewed" to the standard fire insurance policy requirements, requiring all policies issued, renewed, or delivered to conform to Connecticut's standard fire insurance policy form effective October 1, 2015.

Creates new subsection (c) prohibiting umpires selected for appraisal disputes from requiring policyholders to pay the umpire's expenses directly from any award unless the policyholder requests such arrangement in writing.

Changes terminology from "surplus lines" to "nonadmitted" insurer throughout the statute regarding policy compliance requirements for commercial property.

Renumbers existing subsections (c) through (e) to (d) through (f) to accommodate the new umpire payment provision.

Exempts automobile, aircraft physical damage, and inland marine insurance policies from these standard fire policy requirements.