Connecticut Developments

Subscribe to Connecticut Developments via RSS

All eyes have been focused on the federal mid-term elections and the impact on the U.S. House and Senate. Post-mortems by the pundits have begun. See Locke Lord’s take on the mid-terms. The divided government in Washington, D.C. may well stymie efforts to regulate the insurance industry at the federal…
Read More 2018 Statewide Elections: A Mixed Bag for Insurers?

New York State and New York City recently passed several anti-harassment laws in the wake of the #MeToo movement that will soon require employers to provide annual sexual harassment prevention training to all workers, distribute a comprehensive sexual harassment prevention policy, and update their form employment contracts and settlement agreements.
Read More Reminder: Key Provisions of New York’s Sexual Harassment Law Take Effect Today

Hurricane Harvey has brought “500-year” rainfall and flood conditions to Southeastern Texas for the third time in three years, according to the Washington Post. How can insurers and reinsurers prepare for the next unprecedented storm?

Look to the Climate Risk Survey, developed by the National Association of Insurance Commissioners…
Read More Yet another record-breaking storm

Connecticut Governor Dannel P. Malloy recently signed House Bill 7183 (the “Act”), which makes various changes to the state’s insurance laws. The Act, among other changes, creates a new section of the insurance code pursuant to which a dormant captive insurer may apply for a certificate of dormancy from the…
Read More Connecticut Enacts Omnibus Insurance Law

Governor Dannel P. Malloy recently signed Senate Bill 260 (“SB 260”) into law. SB 260 authorizes the Office of Policy and Management, the Department of Motor Vehicles and the Department of Emergency Services and Public Protection to establish a pilot program pursuant to which certain municipalities may permit manufacturers to…
Read More Connecticut Enacts Senate Bill 260; Establishes Task Force to Study Autonomous Vehicles

Both houses of the Connecticut General Assembly have passed HB 7025, which would create a new legal process whereby a Connecticut domestic insurer could divide into multiple insurers and allocate assets and obligations to the “new” insurer. The new insurer would become a legal successor to the original insurer. HB…
Read More Connecticut General Assembly Passes Bill Authorizing Domestic Insurers to Divide

In a sprawling 163 page opinion issued just last week, the Connecticut Appellate Court addressed, as a matter of first impression, five different issues that will significantly affect the disposition of asbestos, and potentially other, long tail claims in Connecticut. The case, R.T. Vanderbilt Co., Inc. v. Hartford Accident and…

Read More Long Tales About Long Tails – Connecticut’s Appellate Court Makes New Law

Locke Lord’s Insurance & Reinsurance Newsletter provides topical snapshots of recent developments in the fast-changing world of insurance. For further information on any of the subjects covered in the newsletter, please contact one of the members of our Insurance team.

In This Issue:

  • “New Corporate Governance Annual Disclosure Requirements for

…
Read More Insurance and Reinsurance Newsletter – January 2017

A bill that would mandate coverage of breast cancer screenings by breast tomosynthesis is currently pending before Connecticut’s General Assembly. HB 5233 would give female insureds over age 35 the option to have their mammograms done by tomosynthesis, which creates a three-dimensional picture of the breast; a traditional mammogram only…
Read More Bill That Would Mandate Coverage of Certain 3D Mammograms Pending Before Legislature