Title 38a — Title 38a: Insurance

Sec. 38a-681. (Formerly Sec. 38-201s). Payment of dividends, savings and unabsorbed premium deposits excepted. Nothing in sections 38a-663 to 38a-681, inclusive, shall be construed to prohibit or regulate the payment of dividends, savings or unabsorbed premium deposits allowed or…

Sec. 38a-682. (Formerly Sec. 38-201t). Rate credit for driver training courses. If any insurance company licensed to do business in this state allows a rate credit or deviation in motor vehicle insurance premium charges for persons successfully completing a full course of study o…

Sec. 38a-683. (Formerly Sec. 38-201u). Premium discount for senior citizens completing an accident prevention course. Regulations. (a) The premium charges for a private passenger nonfleet automobile under an automobile liability or physical damage insurance policy for any princip…

Sec. 38a-684. (Formerly Sec. 38-201ee). Rate credit for safe boat handling courses. Any insurer who delivers or issues for delivery in the state any policy, other than homeowners, covering a motorboat used for recreational purposes and powered by a motor in excess of five horsepo…

Sec. 38a-685. (Formerly Sec. 38-201hh). Premium discount for motorcyclists completing novice or advanced training course. Any insurer who delivers or issues for delivery in this state liability insurance policies for motorcycles shall offer a premium discount on any such policy t…

Sec. 38a-686. (Formerly Sec. 38-201v). Standards for the making and use of rates re personal risk insurance. Limitations on use of credit history and financial history measurement programs. Regulations. The following standards, methods and criteria shall apply to the making and u…

Sec. 38a-687. (Formerly Sec. 38-201w). Existence of competitive market re personal risk insurance. Determination of competition. Hearing. (a) With respect to personal risk insurance, a competitive market is presumed to exist unless the commissioner, after hearing, determines that…

Sec. 38a-688. (Formerly Sec. 38-201x). Review of rates re personal risk insurance and residual markets in competitive or noncompetitive markets. (a) The following procedures shall apply with respect to rates pertaining to personal risk insurance and residual markets: (1) In a com…

Sec. 38a-688a. Rate filing re personal risk insurance. Powers of commissioner. (a) Notwithstanding the requirements of sections 38a-389 and 38a-688 with respect to personal risk insurance with the exception of residual market rates, and on and after July 1, 2006, and until July 1…

Sec. 38a-688b. Declination, cancellation or nonrenewal of personal risk insurance policy based on credit history or rating prohibited. The declination, cancellation or nonrenewal of a personal risk insurance policy not subject to the provisions of section 38a-358 is prohibited if…

Sec. 38a-688c. Allowance of suit against insurer under personal risk policies, master policies and certain property policies. Time limitation. (a) For the purposes of this section, “personal risk insurance” means homeowners, tenants, mobile manufactured home and other property an…

Sec. 38a-689. (Formerly Sec. 38-201y). Insurers issuing homeowners policies to file underwriting rules and regulations with commissioner. Approval procedure. (a) Each insurance company which issues homeowners insurance policies in this state shall file with the Insurance Commissi…

Sec. 38a-690. (Formerly Sec. 38-201z). Commissioner to approve statistical plan for workers' compensation insurance. The Insurance Commissioner shall approve a uniform statistical plan for workers' compensation and employers' liability insurance which shall thereafter be used by …

Sec. 38a-691. (Formerly Sec. 38-201aa). Commissioner to develop consumer information system for personal risk insurance needs. The commissioner is authorized to utilize, develop or cause to be developed a consumer information system which will provide and disseminate price and ot…

Sec. 38a-692. (Formerly Sec. 38-201bb). Rulings by commissioner exempting market. The commissioner may on the commissioner's own initiative or upon request of any person, issue a ruling, exempting any market from any or all of the provisions of subsection (d) of section 7-479e, s…

Sec. 38a-693. (Formerly Sec. 38-201cc). Regulations. The Insurance Commissioner may adopt regulations in accordance with the provisions of chapter 54, as he deems necessary to effectuate the purposes of sections 38a-341, 38a-358, 38a-672, 38a-673, 38a-676, 38a-686 to 38a-689, inc…

Sec. 38a-694. (Formerly Sec. 38-201dd). Legislative finding. Deregulation. It is found and declared that the purposes of subsection (d) of section 7-479e, section 38a-341, subsection (a) of section 38a-343, sections 38a-358, 38a-387, 38a-663, 38a-665, subsection (b) of section 38…

Sec. 38a-695. (Formerly Sec. 38-201ff). Effective dates for revised insurance rates and supplementary rate information. Whenever a filing is submitted by an insurer to the Insurance Commissioner to revise the rates or supplementary rate information applicable to any policy subjec…

Sec. 38a-696. (Formerly Sec. 38-201ii). Annual report of commercial risk insurance writings and experience. Required financial data. Compilation by commissioner. (a) For purposes of this section: (1) “Company” means an individual company, not part of a company group, licensed to …

Sec. 38a-697. (Formerly Sec. 38-201gg). Submittal to commissioner of data relating premiums charged to filed rates for certain insurance lines. Section 38a-697 is repealed, effective October 1, 2001. (P.A. 86-98, S. 5, 6; P.A. 01-174, S. 21.)

Secs. 38a-698 to 38a-701. Reserved for future use.

Sec. 38a-702. (Formerly Sec. 38-69). Definitions. Section 38a-702 is repealed, effective September 1, 2002. (1949 Rev., S. 6057; 1967, P.A. 526, S. 3; P.A. 90-243, S. 22; P.A. 94-160, S. 3, 24; P.A. 95-79, S. 145, 146, 189; P.A. 96-227, S. 11; P.A. 97-317, S. 2, 4; P.A. 01-113, S…

Sec. 38a-702a. Definitions. As used in this chapter and chapter 702, unless the context or subject matter otherwise require: (1) “Agent” or “insurance agent” means an insurance producer appointed by an insurer to act on the insurer's behalf pursuant to section 38a-702m. (2) “Busi…

Sec. 38a-702b. Producer license required. A person shall not sell, solicit or negotiate insurance in this state for any class or classes of insurance unless the person is licensed for that line of authority in accordance with sections 38a-702a to 38a-702r, inclusive. (P.A. 01-113…

Sec. 38a-702c. Exceptions to licensing requirement. (a) Nothing in sections 38a-702a to 38a-702r, inclusive, shall be construed to require an insurer to obtain an insurance producer license. As used in this section, “insurer” does not include an insurer's officers, directors, emp…

Sec. 38a-702d. Examinations. Fees. (a) A resident individual applying for an insurance producer license shall pass a written examination unless exempt under section 38a-702h. The examination shall test the knowledge of the individual concerning the lines of authority for which ap…

Sec. 38a-702e. Application for license. Examination. Waiver of examination requirement. Exception for limited lines producers. (a) A person applying for a resident insurance producer license shall make application to the commissioner on the uniform application and declare under p…

Sec. 38a-702f. Producer licenses. Reinstatement. Waivers. Notice to commissioner re change in information. Commissioner authorized to contract for performance of ministerial functions re licensing. (a) Unless a person is denied a license pursuant to section 38a-702k, any person w…

Sec. 38a-702g. Nonresident licenses. (a) Unless a person is denied a license pursuant to section 38a-702k, a nonresident person shall receive a nonresident producer license if: (1) The person is currently licensed as a resident and in good standing in the person's home state; (2)…

Sec. 38a-702h. Exemption from examination. Requirements for producers in other states who become residents of Connecticut. Waiver of examination for certain chartered underwriters. (a) Except as provided in section 38a-702g or 38a-702n, an individual who applies for an insurance …

Sec. 38a-702i. Notice to commissioner re use of assumed name. An insurance producer doing business under any name other than the producer's legal name shall notify the commissioner prior to using the assumed name. (P.A. 01-113, S. 9, 42.) History: P.A. 01-113 effective September …

Sec. 38a-702j. Temporary producer licenses. (a) The commissioner may issue a temporary insurance producer license for a period not to exceed one hundred eighty days without requiring an examination if the commissioner deems that the temporary license is necessary for the servicin…

Sec. 38a-702k. Denial, nonrenewal or revocation of producer licenses. Hearings. Penalties. (a) The commissioner may place on probation, suspend, revoke or refuse to issue or renew an insurance producer's license or may levy a civil penalty in accordance with the provisions of thi…

Sec. 38a-702l. Producer commissions. (a) An insurance company or insurance producer shall not pay a commission, service fee, brokerage or other valuable consideration to a person for selling, soliciting or negotiating insurance in this state if the person is required to be licens…

Sec. 38a-702m. Agent appointments. Fees. (a) An insurance producer shall not act as an agent of an insurer unless the insurance producer becomes an appointed agent of the insurer. An insurance producer who is not acting as an agent of an insurer is not required to become appointe…

Sec. 38a-702n. Reciprocity. (a) The commissioner shall waive any prelicensing requirements, except the requirements imposed by section 38a-702g, for a nonresident license applicant with a valid license from the applicant's home state if the applicant's home state awards nonreside…

Sec. 38a-702o. Producer to report administrative actions and criminal prosecutions to commissioner. (a) A producer shall report to the commissioner any administrative action taken against the producer in another jurisdiction or by another governmental agency in this state not lat…

Sec. 38a-702p. Regulations. The commissioner may adopt regulations, in accordance with chapter 54, to implement the provisions of sections 38a-702a to 38a-702r, inclusive. (P.A. 01-113, S. 16, 42.) History: P.A. 01-113 effective September 1, 2002.

Sec. 38a-702q. Applicability of provisions. Except as provided in section 38a-702g and section 38a-702n, sections 38a-702a to 38a-702r, inclusive, shall not apply to surplus lines brokers licensed pursuant to section 38a-769 or 38a-794. (P.A. 01-113, S. 17, 42; P.A. 14-235, S. 59…

Sec. 38a-702r. Construction. Provisions not applicable to bail bond or title insurance. Nothing in sections 38a-702a to 38a-702q, inclusive, shall be construed as applicable to bail bond insurance under chapter 700f, or title insurance under chapter 700a. (P.A. 01-113, S. 18, 42.…

Sec. 38a-702s. Additional grounds for denial of producer licenses. Notwithstanding the provisions of subsection (a) of section 38a-702e, subsection (a) of section 38a-702f or subsection (a) of section 38a-702g, in addition to the grounds for denial of an insurance producer's lice…

Sec. 38a-702t. Banking Commissioner to provide list of certain registrants and registration denials, suspensions and revocations. Consideration of denial, suspension or revocation for producer license application and current producer licensure. Denial, nonrenewal, suspension or r…

Sec. 38a-703. (Formerly Sec. 38-70). Soliciting business for unlicensed insurance or surety company prohibited. No person shall, within this state, solicit or procure insurance, except with regard to his own property or person, with or by any insurance company that does not hold …

Sec. 38a-704. (Formerly Sec. 38-71). Penalty for acting as insurance producer without license. Any person, partnership, association, limited liability company or corporation, or any person, partnership, association, limited liability company or corporation acting under a trade na…

Sec. 38a-705. (Formerly Sec. 38-73). Exemption of fraternal benefit societies. The provisions of sections 38a-703, 38a-704 and 38a-769 shall not apply to any otherwise lawful activities of fraternal benefit societies. (1949 Rev., S. 6065; 1957, P.A. 448, S. 45.) History: Sec. 38-…

Sec. 38a-706. (Formerly Sec. 38-75). Sharing commission. Section 38a-706 is repealed, effective September 1, 2002. (1949 Rev., S. 6063; P.A. 94-160, S. 5, 24; P.A. 01-113, S. 41, 42.)

Sec. 38a-707. (Formerly Sec. 38-75a). Producer service fees and commissions limited. Exemption for registration under the federal Investment Advisers Act. Disclosures. (a) No insurance producer shall have any right to compensation, other than commissions deductible from premiums …

Sec. 38a-707a. Producer compensation. Disclosure and customer acknowledgment. (a) As used in this section: (1) “Affiliate” means a person who (A) controls, is controlled by, or is under common control with a producer, and (B) is permitted to receive compensation pursuant to this …

Sec. 38a-707b. Disclosure of producer fees and compensation upon request of municipality or board of education. (a) For purposes of this section, “insurance”, “insurance producer” and “insurer” have the same meanings as provided in section 38a-702a, and “municipality” means any t…

Sec. 38a-708. (Formerly Sec. 38-76a). Company to furnish facts relative to termination of agent's appointment. False statement sole grounds for cause of action by agent. Upon the request of the Insurance Commissioner, any insurance company shall furnish to the Insurance Departmen…