CT HB06435

Amends Connecticut's automobile insurance arbitration process, effective October 1, 2025, for disputes between claimants and insurers over physical damage and property damage liability claims where liability and coverage are not contested

Requires insurance companies to reimburse the Insurance Department for arbitration administration costs when decisions favor claimants, unless the claimant rejected a prearbitration settlement offer of equal or greater value than the arbitration award

Prohibits the Insurance Department from amending, reversing, rescinding, or revoking any arbitrator decision or action

Awards prevailing claimants 15% annual interest on disputed amounts retroactive to the date of payment for undisputed portions, plus potential costs for vehicle loss of use and storage

Bars evidence, testimony, findings, or decisions from the arbitration procedure from being admitted in civil proceedings, except for judicial review of the arbitrator's decision