CT HB06858

Establishes a task force with 8 members appointed by legislative leaders to study methods encouraging insurers to develop anti-texting-while-driving technologies, with initial appointments due within 30 days and first meeting within 60 days.

Requires the task force to submit findings and recommendations to the joint standing committee on insurance by February 1, 2024, at which point the task force terminates.

Requires financial planners doing business in Connecticut to disclose to consumers upon request whether they owe a fiduciary duty for each insurance recommendation they make, effective October 1, 2023.

Classifies violations of the financial planner disclosure requirement as unfair methods of competition and unfair/deceptive practices under insurance law, making them subject to enforcement by the Insurance Commissioner.

Repeals and replaces Section 38a-1 of the general statutes with updated definitions of insurance-related terms including "affiliate," "domestic insurer," "control," and "fiduciary duty," effective October 1, 2023.