Title 38a — Title 38a: Insurance
33 chapters · 1,393 sections in this title.
Conn. Gen. Stat. § 38a-92g Financial guaranty insurance transactions. Exceptions.
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Sec. 38a-92g. Financial guaranty insurance transactions. Exceptions. (a) Except as otherwise provided in section 38a-92l or 38a-92m, inclusive, financial guaranty insurance may be transacted in this state only by an insurer licensed to transact financial guaranty insurance. (b) T…
Conn. Gen. Stat. § 38a-92h Copies of relevant materials.
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Sec. 38a-92h. Copies of relevant materials. Each licensed financial guaranty insurance corporation shall keep copies of all relevant materials prepared by the insurer or used in the initial underwriting or ongoing monitoring of insured risk, all relevant documents pertaining to c…
Conn. Gen. Stat. § 38a-92i Net liability. Kinds of obligations.
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Sec. 38a-92i. Net liability. Kinds of obligations. (a) At least ninety-five per cent of a financial guaranty insurance corporation's outstanding total net liability on the kinds of obligations enumerated in subdivisions (1) to (3), inclusive, of subsection (b) of section 38a-92g …
Conn. Gen. Stat. § 38a-92j Limiting of exposure to loss on any one risk.
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Sec. 38a-92j. Limiting of exposure to loss on any one risk. A financial guaranty insurance corporation licensed to transact financial guaranty insurance in this state shall limit its exposure to loss on any one risk, net of collateral and reinsurance, as follows: (1) For municipa…
Conn. Gen. Stat. § 38a-92k Exceeding of limitations by licensed financial insurance corporations. Notification of commissioner. Hearing.
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Sec. 38a-92k. Exceeding of limitations by licensed financial insurance corporations. Notification of commissioner. Hearing. (a) If a licensed financial insurance corporation at any time exceeds any limitation prescribed by section 38a-92i or 38a-92j the corporation shall immediat…
Conn. Gen. Stat. § 38a-92l Other licensed insurers transacting financial guaranty insurance to be subject to provisions of this part.
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Sec. 38a-92l. Other licensed insurers transacting financial guaranty insurance to be subject to provisions of this part. On and after October 1, 1993, any insurer transacting financial guaranty insurance in this state which is not licensed to transact financial guaranty insurance…
Conn. Gen. Stat. § 38a-92m Credit for reinsurance as an asset or as a reduction from liability, when.
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Sec. 38a-92m. Credit for reinsurance as an asset or as a reduction from liability, when. (a) For financial guaranty insurance that takes effect on or after October 1, 1993, an insurer licensed under sections 38a-92 to 38a-92n, inclusive, to transact financial guaranty insurance s…
Conn. Gen. Stat. § 38a-92n Filing of policy forms and amendments with commissioner.
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Sec. 38a-92n. Filing of policy forms and amendments with commissioner. (a) Each licensed financial guaranty insurance corporation shall file all policy forms and any amendments thereto with the commissioner prior to the issuance of a financial guaranty insurance policy. Immediate…
Conn. Gen. Stat. § 38a-93 38a-93
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Sec. 38a-93. Reserved for future use. PART III INVESTMENTS
Conn. Gen. Stat. §§ 38a-94 to 38a-101 (Formerly Secs. 38-141a to 38-146a and 38-148). Domestic life insurers: Certain investments forbidden; unqualified loans and investments, limit permitted; investment in obligations guaranteed by federal or state government; approval of loans and investments; officers to receive no compensation for negotiating loan; security for loans; acquisition and organization of subsidiaries by domestic mutual life insurance companies; penalty for authorizing illegal investments.
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Secs. 38a-94 to 38a-101. (Formerly Secs. 38-141a to 38-146a and 38-148). Domestic life insurers: Certain investments forbidden; unqualified loans and investments, limit permitted; investment in obligations guaranteed by federal or state government; approval of loans and investmen…