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CT HB05255
Bill
Status
Introduced
2/22/2024
Primary Sponsor
Insurance and Real Estate Committee
Click for details
AI Summary
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The Insurance Commissioner, in consultation with the Commissioner of Agriculture, shall conduct a feasibility study for establishing a captive insurance company to provide financial assistance to farmers impacted by severe weather
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The Insurance Commissioner must report findings and recommendations to the joint standing committee on insurance by January 1, 2025, in accordance with section 11-4a of the general statutes
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The act takes effect upon passage
Legislative Description
An Act Requiring A Study Of The Feasibility Of Establishing A Captive Insurance Company To Provide Financial Assistance To Farmers Impacted By The Effects Of Severe Weather.
Last Action
Public Hearing 02/27
2/23/2024
Committee Referrals
Insurance and Real Estate2/22/2024
Full Bill Text
No bill text available