Connecticut Seal

General Assembly

 

Proposed Bill No. 45

 

January Session, 2011

 

LCO No. 450

   

Referred to Committee on Insurance and Real Estate

 

Introduced by:

 

SEN. MEYER, 12th Dist.

 

AN ACT CONCERNING PUBLIC HEARINGS FOR INSURANCE PREMIUM INCREASES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That title 38a of the general statutes be amended to require the Insurance Department to hold a public hearing for insurance premium increase applications and to make the Attorney General and the Healthcare Advocate parties to such hearing.

Statement of Purpose:

To promote transparency in the Insurance Department's rate approval process.