OLR Bill Analysis

sHB 5925

AN ACT CONCERNING THE CONFIDENTIALITY OF AUTOMOBILE LIABILITY INSURANCE UNDERWRITING GUIDELINES.

SUMMARY:

By law, insurers must file with the Insurance Department the rules and regulations, or any modifications to them, they use to determine whether to underwrite automobile liability policies. This bill makes these filings a trade secret for purposes of the Freedom of Information Act and thus non-disclosable.

EFFECTIVE DATE: October 1, 2013

COMMITTEE ACTION

Insurance and Real Estate Committee

Joint Favorable Substitute

Yea

19

Nay

0

(02/05/2013)