On May 19, 2026, the Connecticut General Assembly passed Substitute House Bill No. 5373, “An Act Concerning the Insurance Department’s Recommendations for Revisions to the Insurance Statutes” (the Act), which became Public Act No. 26-69. The Act represents a broad amendment to the Connecticut Insurance Code including amending, among others, statutes regulating service of process, license suspension, and premium tax assessments. The most consequential change for the surplus lines market is the amendment of Conn. Gen. Stat. § 38a-741(b) effective October 1, 2026, which repeals Connecticut’s longstanding diligent-effort (also referred to as “diligent search”) requirement for surplus lines placements and replaces it with an annual reporting regime administered by the insurance commissioner.
Read More Connecticut Moves Beyond Diligent Effort: HB 5373Connecticut Developments
Connecticut Insurance Commissioner Appointed
By Theresa Feliciano & Alan Levin on
The Connecticut State Senate confirmed Josh Hershman as the insurance commissioner on April 8, 2026. Hershman has served as interim insurance commissioner since December 12, 2025.
Read More Connecticut Insurance Commissioner AppointedConnecticut Insurance Commissioner to Retire
Insurance Commissioner Andrew Mais will retire as of November 28, 2025. Mais was appointed as Connecticut insurance commissioner in February 2019. Governor Ned Lamont will formally nominate Josh Hershman to replace Mais in February when the Legislature is back in session. Hershman will serve as interim insurance commissioner beginning December…
Read More Connecticut Insurance Commissioner to RetireWhen Surplus Lines Brokers Are Off the Hook: Connecticut Department Issues Bulletin on New Diligent Effort Exception
By Matt Cossu* & John Emmanuel on
On October 10, 2025, the Connecticut Department of Insurance (the Department) issued Bulletin SL-6 (the Bulletin) to restate the requirements generally applicable to surplus lines placements, and to advise that the diligent effort exception established by Public Act 25-87, effective October 1, 2025, only applies to surplus lines brokers when they procure insurance coverage through an unaffiliated wholesale broker. The Bulletin additionally supersedes and rescinds Connecticut Bulletins SL-3 and SL-5.
Read More When Surplus Lines Brokers Are Off the Hook: Connecticut Department Issues Bulletin on New Diligent Effort ExceptionConnecticut Updates Its Captive Insurance Laws
By John Emmanuel on
Posted in Captives, Connecticut Developments
Effective October 1, 2025, Public Act No. 25-130 amends Connecticut’s captive insurance laws. Important amendments under the act include:
Read More Connecticut Updates Its Captive Insurance LawsNew Connecticut Flood Insurance Disclosure Requirements
By John Emmanuel on
Posted in Connecticut Developments, United States
On June 10, 2025, Governor Lamont signed Senate Bill No. 9 into law. In light of the passage of the bill, on July 8, 2025, the Connecticut Insurance Department (Department) issued Bulletin PC-93-25, addressed to “all companies licensed to write homeowners and renters insurance.” The bulletin “provides guidance to…
Read More New Connecticut Flood Insurance Disclosure RequirementsConnecticut Extends Flex-Rate Filing Provisions Until July 1, 2030
By John Emmanuel on
Posted in Connecticut Developments, United States
On July 2, 2025, the Connecticut Insurance Department (Department) issued Bulletin PC-92-25 (Bulletin), addressed to “all companies licensed to write property and casualty insurance.” The Bulletin rescinds and replaces Bulletin PC-92, dated July 23, 2021, concerning flex-rate filings and provides additional guidance to insurers for rate filings submitted on and after June 30, 2025. The Bulletin provides that Public Act No. 25-86 extended the flex-rating provisions under Conn. Gen. Stat. § 38a-688a until July 1, 2030.
Read More Connecticut Extends Flex-Rate Filing Provisions Until July 1, 2030NAIC Model Bulletin on the Use of AI Systems by Insurers Adopted in Eight States
Nevada has adopted the NAIC Model Bulletin on the Use of AI Systems by Insurers along with seven other states, including Alaska, Connecticut, Illinois, New Hampshire, Nevada, Rhode Island and Vermont.
Read More NAIC Model Bulletin on the Use of AI Systems by Insurers Adopted in Eight States
December 2023 Privacy & Cybersecurity Newsletter: A Busy Year-End (States, EU, UK, Incident Response and Litigation)
Locke Lord’s Privacy & Cybersecurity Newsletter provides topical snapshots of recent developments in the fast-changing world of privacy, data protection and cyber risk management.
Read More December 2023 Privacy & Cybersecurity Newsletter: A Busy Year-End (States, EU, UK, Incident Response and Litigation)
Connecticut Amends Its Captive Insurance Laws
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Posted in Connecticut Developments, United States
On June 23, 2023, the Connecticut Insurance Department (the “Department”) issued a press release announcing Governor Ted Lamont signed Public Act No. 23-15, An Act Concerning Captive Insurance Companies, (the “Act”) into law. Effective October 1, 2023, the Act makes various changes to Connecticut’s captive insurance laws. In particular, the Act now permits captive insurance companies to “accept or transfer risk by means of a parametric contract,” which will allow businesses to more easily cover unique risks, according to the Department. …
Read More Connecticut Amends Its Captive Insurance Laws