CT HB05253 | 2014 | General Assembly

Status

Spectrum: Committee Bill
Status: Introduced on February 19 2014 - 25% progression, died in committee
Action: 2014-02-21 - Public Hearing 02/25
Pending: Joint Insurance and Real Estate Committee
Text: Latest bill text (Introduced) [HTML]

Summary

To require a final order of liquidation instead of a determination of insolvency to trigger liquidation proceedings under CIGA, change the time period of coverage of covered claims under CIGA from thirty days to sixty days, increase the maximum coverage amount for claims under CIGA, and exclude Medicare Part C and Part D policies and contracts from coverage under CLHIGA.

Tracking Information

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Title

An Act Concerning The Connecticut Insurance Guaranty Association And The Connecticut Life And Health Insurance Guaranty Association.

Sponsors


History

DateChamberAction
2014-02-21HousePublic Hearing 02/25
2014-02-19HouseReferred to Joint Committee on Insurance and Real Estate

Connecticut State Sources


Bill Comments

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