Title 38a — Title 38a: Insurance
33 chapters · 1,393 sections in this title.
Conn. Gen. Stat. §§ 38a-750 to 38a-759 (Formerly Secs. 38-92r and 38-92u to 38-92cc). Insurance administrators.
0.2K chars
Secs. 38a-750 to 38a-759. (Formerly Secs. 38-92r and 38-92u to 38-92cc). Insurance administrators. Sections 38a-750 to 38a-759, inclusive, are repealed. (P.A. 88-298, S. 1, 2, 5–14; P.A. 90-243, S. 172; P.A. 91-29, S. 7, 8.)
Conn. Gen. Stat. § 38a-760 Short title: Reinsurance Intermediary Act.
0.3K chars
Sec. 38a-760. Short title: Reinsurance Intermediary Act. Sections 38a-760 to 38a-760j, inclusive, may be cited as the “Reinsurance Intermediary Act”. (P.A. 92-112, S. 22, 35; P.A. 12-145, S. 33.) History: P.A. 12-145 replaced reference to Sec. 38a-760i with reference to Sec. 38a-…
Conn. Gen. Stat. § 38a-760a Definitions.
4.6K chars
Sec. 38a-760a. Definitions. As used in sections 38a-760 to 38a-760j, inclusive: (1) “Actuary” means a person who is a member in good standing of the American Academy of Actuaries; (2) “Controlling person” means any person, firm, association or corporation who directly or indirect…
Conn. Gen. Stat. § 38a-760b Licensing. Service of process.
4.5K chars
Sec. 38a-760b. Licensing. Service of process. (a) No person, firm, association or corporation shall act as a reinsurance intermediary-broker in this state if the reinsurance intermediary-broker maintains an office either directly or as a member or employee of a firm or associatio…
Conn. Gen. Stat. § 38a-760c Written authorization in certain transactions.
1.4K chars
Sec. 38a-760c. Written authorization in certain transactions. Transactions between a reinsurance intermediary-broker and the insurer it represents in such capacity shall only be entered into pursuant to a written authorization, specifying the responsibilities of each party. The a…
Conn. Gen. Stat. § 38a-760d Record of transactions. Insurers' right to access.
1.8K chars
Sec. 38a-760d. Record of transactions. Insurers' right to access. (a) For at least ten years after expiration of each contract of reinsurance transacted by the reinsurance intermediary-broker, the reinsurance intermediary-broker shall keep a complete record for each transaction s…
Conn. Gen. Stat. § 38a-760e Prohibited practices of insurers. Annual statements of financial condition.
0.8K chars
Sec. 38a-760e. Prohibited practices of insurers. Annual statements of financial condition. (a) An insurer shall not engage the services of any person, firm, association or corporation to act as a reinsurance intermediary-broker on its behalf unless such person is licensed as requ…
Conn. Gen. Stat. § 38a-760f Transactions between reinsurance intermediary-manager and reinsurers: Minimum provisions.
7.2K chars
Sec. 38a-760f. Transactions between reinsurance intermediary-manager and reinsurers: Minimum provisions. (a) Transactions between a reinsurance intermediary-manager and the reinsurer it represents in such capacity shall only be entered into pursuant to a written contract, specify…
Conn. Gen. Stat. § 38a-760g Reinsurance intermediary-manager: Prohibited practices.
1.8K chars
Sec. 38a-760g. Reinsurance intermediary-manager: Prohibited practices. The reinsurance intermediary-manager shall not: (1) Cede retrocessions on behalf of the reinsurer, except the reinsurance intermediary-manager may cede facultative retrocessions pursuant to obligatory facultat…
Conn. Gen. Stat. § 38a-760h Licensing of reinsurers.
1.7K chars
Sec. 38a-760h. Licensing of reinsurers. (a) A reinsurer shall not engage the services of any person, firm, association or corporation to act as a reinsurance intermediary-manager on its behalf unless such person is licensed as required by subsection (b) of section 38a-760b. (b) T…
Conn. Gen. Stat. § 38a-760i Records. Commissioner's power to examine.
0.4K chars
Sec. 38a-760i. Records. Commissioner's power to examine. (a) A reinsurance intermediary shall be subject to examination by the commissioner. The commissioner shall have access to all books, bank accounts and records of the reinsurance intermediary in a form usable to the commissi…
Conn. Gen. Stat. § 38a-760j Material noncompliance. Revocation or suspension of license. Rehabilitation or liquidation orders. Civil action. Recovery of damages or other appropriate relief.
2.2K chars
Sec. 38a-760j. Material noncompliance. Revocation or suspension of license. Rehabilitation or liquidation orders. Civil action. Recovery of damages or other appropriate relief. (a) If the commissioner determines that the reinsurance intermediary or any other person has not materi…
Conn. Gen. Stat. §§ 38a-761 to 38a-763 38a-761 to 38a-763
0.1K chars
Secs. 38a-761 to 38a-763. Reserved for future use.