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CT SB00755

Bill

Status

Engrossed

4/14/2015

Primary Sponsor

Insurance and Real Estate Committee

Click for details

Origin

Senate

2015 General Assembly

AI Summary

  • Insurance Commissioner shall study the National Association of Insurance Commissioners' Interstate Insurance Product Regulation Compact and submit a report by January 1, 2016

  • Report shall be submitted to the joint standing committee of the General Assembly having cognizance of matters relating to insurance

  • Report shall examine impacts of entering into the compact on the state's insurance market, including product development, time frames for new products, consumer protections, and innovation

  • Report shall identify any insurance products unique to the state that may be affected by entering into the compact

  • Report shall analyze effects on the state's regulatory process

Legislative Description

An Act Requiring The Insurance Commissioner To Study And Report On The National Association Of Insurance Commissioners' Interstate Insurance Product Regulation Compact.

Last Action

House Calendar Number 421

4/15/2015

Committee Referrals

Insurance and Real Estate1/23/2015

Full Bill Text

No bill text available