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Department seeks modernization of market‑conduct and licensing rules, with consumer protections for paperless notices

2165404 · January 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

House Bill 64‑37 would allow modern transmission of notices, permit remote audits of third‑party administrators, tighten reporting obligations for insurer terminations and eliminate some outdated filing requirements; Commissioner Mays supported efficiency while stressing consumer safeguards for any move to digital notices.

House Bill 64‑37, presented to the Insurance and Real Estate Committee, would modernize a range of insurance licensing and market‑conduct provisions, the Connecticut Insurance Department said.

Commissioner Andrew Mays outlined measures in the bill: authorize more efficient electronic transmission of notices and documents, permit remote audits of third‑party…

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