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Chapter 698

• Sec. 38a-41. (Formerly Sec. 38-20). Authority to do business. Licensure. Revocation or refusal to renew license. Fines. Company owned by a state or foreign nation or company controlled by insureds not
• Sec. 38a-41a. Certificate authorizing formation of insurance company or health care center. Information required by commissioner. Costs.
• Sec. 38a-42. (Formerly Sec. 38-20b). Contracts with life, accident or health insurance producers.
• Sec. 38a-43. (Formerly Sec. 38-22). Foreign and alien insurance companies may be prohibited from transacting business in this state.
• Sec. 38a-44. (Formerly Sec. 38-64b). Notice to commissioner of intent to discontinue line of insurance.
• Sec. 38a-45. (Formerly Sec. 38-29). Limitation on title insurance and mortgage guaranty insurance.
• Sec. 38a-46. (Formerly Sec. 38-30). Writing of participating and nonparticipating insurance by domestic stock and mutual insurance companies.
• Sec. 38a-47. (Formerly Sec. 38-53a). Payments by domestic insurance companies for expenditures of Insurance Department.
• Sec. 38a-48. (Formerly Sec. 38-53b). Assessment of payments by domestic insurance companies. Adjustments. Penalty. Interest. Payments credited to Insurance Fund. Allocation of assessments.
• Sec. 38a-49. (Formerly Sec. 38-51). Fraternal benefit societies and foreign or alien companies to reimburse state for costs of examination.
• Sec. 38a-50. (Formerly Sec. 38-52). Fraternal, foreign and alien life insurers to reimburse state for costs of valuation.
• Sec. 38a-51. (Formerly Sec. 38-53). Assessment of costs of examination and valuation. Payments credited to Insurance Fund.
• Sec. 38a-52. (Formerly Sec. 38-54). Appeal from assessment.
• Sec. 38a-52a. Insurance Fund established.
• Sec. 38a-53. (Formerly Sec. 38-24). Requirements re filing of annual reports and financial statements by company. Late filing fee.
• Sec. 38a-53a. Annual statement convention blank filing with the National Association of Insurance Commissioners. Financial statements and other information filing with the National Association of Insu
• Sec. 38a-54. Audited reports.
• Sec. 38a-55. Hypothecation of assets.
• Sec. 38a-56. (Formerly Sec. 38-19). False returns to commissioner.
• Sec. 38a-57. (Formerly Sec. 38-26a). Retention of records and assets in state.
• Sec. 38a-58. (Formerly Sec. 38-40). Change of location of domestic insurance company.
• Sec. 38a-58a. Transfer of domicile: By foreign insurance company to this state; by domestic insurance company to another state. Procedures.
• Sec. 38a-59. (Formerly Sec. 38-42a). Change of name of domestic insurance company or health care center with capital stock.
• Sec. 38a-60. (Formerly Sec. 38-27a). Continuity of management during national emergencies.
• Sec. 38a-61. (Formerly Sec. 38-134). Limitation of use of power of attorney.
• Sec. 38a-62. (Formerly Sec. 38-27b). Indemnification of directors, officers and employees of mutual insurance companies.
• Sec. 38a-63. Limitation of liability of director of mutual insurance company.
• Sec. 38a-64. (Formerly Sec. 38-41). Donations by domestic mutual companies.
• Sec. 38a-65. (Formerly Sec. 38-48). Disposition of unclaimed dividends of insolvent company.
• Sec. 38a-66. Reinsurance of insurance business with other insurers by agreement of bulk reinsurance.
• Sec. 38a-67. Reporting requirement for cancellations and revisions of ceded reinsurance agreements.
• Sec. 38a-67a. Acquisitions and dispositions of assets, reporting requirement waived, when. Asset acquisitions and dispositions, defined. Information required to be disclosed.
• Sec. 38a-67b. Nonrenewals, cancellations or revisions, reporting requirement waived, when. Information required to be disclosed.
• Sec. 38a-68.
• Sec. 38a-69. Scope of provisions.
• Sec. 38a-69a. Confidentiality of financial examination workpapers and operating and financial condition reports. Confidentiality of certain supplemental compensation exhibits and stockholder informati
• Sec. 38a-70. Accounting standards.
• Sec. 38a-71. Minimum asset requirements. Minimum capital and minimum surplus requirements.
• Sec. 38a-72. (Formerly Sec. 38-93). Financial requirements to license an insurance company.
• Sec. 38a-72a. Regulations.
• Sec. 38a-73. (Formerly Sec. 38-110). Limitation of risks.
• Sec. 38a-74. (Formerly Sec. 38-94). Estimation of trusteed surplus.
• Sec. 38a-75. (Formerly Sec. 38-95). Appointment of trustees. Examinations by commissioner.
• Sec. 38a-76. (Formerly Sec. 38-25). Reserves.
• Sec. 38a-77. (Formerly Sec. 38-130). Valuation of reserve.
• Sec. 38a-78. (Formerly Sec. 38-130e). Ascertainment of reserves for life insurance policies and annuity and pure endowment contracts. Annual reporting of reserves to commissioner. Issuance of opinion
• Sec. 38a-79. (Formerly Sec. 38-26). Valuation of securities.
• Sec. 38a-79a. Short title: Standard Valuation Law.
• Sec. 38a-80. (Formerly Sec. 38-164). Premium reserve for health, accident and liability business.
• Sec. 38a-81. (Formerly Sec. 38-132). Sale of property taken for debts.
• Sec. 38a-82. (Formerly Sec. 38-133). Improvement of real estate.
• Sec. 38a-83. (Formerly Sec. 38-43). Securities required by other states deposited with State Treasurer.
• Sec. 38a-84. (Formerly Sec. 38-47). Securities to be delivered to receiver.
• Sec. 38a-85. Credit allowed a domestic ceding insurer. Requirements re filing of annual reports and financial statements.
• Sec. 38a-86. Reduction from liability for reinsurance ceded by a domestic insurer to an assuming insurer.
• Sec. 38a-87. Qualified United States financial institutions.
• Sec. 38a-88. Regulations.
• Sec. 38a-88a. Connecticut insurance reinvestment funds, authorized. Tax credits. Regulations.
• Sec. 38a-88b. Applicability of section 38a-88a.
• Sec. 38a-89. Reinsurance agreements affected.
• Sec. 38a-90. Short title: Managing General Agents Act.
• Sec. 38a-90a. Definitions.
• Sec. 38a-90b. Licensing of managing general agents.
• Sec. 38a-90c. Contractual agreement between insurer and managing general agent. Minimum provisions of the contract.
• Sec. 38a-90d. Duties of the insurer.
• Sec. 38a-90e. Acts of managing general agent considered to be acts of insurer. Examination of the managing general agent.
• Sec. 38a-90f. Violations of the Managing General Agents Act. Hearing and notices. Fines. Loss or damage due to noncompliance rehabilitation or liquidation. Civil actions and other relief.
• Sec. 38a-90g. Regulations.
• Sec. 38a-90h. Utilization of managing general agent's services. Exceptions.
• Sec. 38a-91. Definitions.
• Sec. 38a-91a. Insurers affected.
• Sec. 38a-91b. Controlling insurers. Applicability. Minimum provisions.
• Sec. 38a-91c. Disclosure to insured by controlling producer. Exception.
• Sec. 38a-91d. Noncompliance: Remedies allowed.
• Secs. 38a-91e to 38a-91j.
• Sec. 38a-91k. Captive insurers: Information to be submitted to commissioner.
• Secs. 38a-91l to 38a-91z.
• Sec. 38a-91aa. Definitions.
• Sec. 38a-91bb. Captive insurance companies. Licenses. Fees.
• Sec. 38a-91cc. Same or deceptively similar name prohibited.
• Sec. 38a-91dd. Capital and surplus requirements.
• Sec. 38a-91ee. Payment of dividends and other distributions.
• Sec. 38a-91ff. Incorporation and formation.
• Sec. 38a-91gg. Annual reports.
• Sec. 38a-91hh. Examinations of captive insurance companies. Costs. Confidentiality of financial examination workpapers and reports.
• Sec. 38a-91ii. Suspension, revocation or refusal to renew license.
• Sec. 38a-91jj. Applicability of state investment laws. Certain loans and investments required to be approved by commissioner. Loans of minimum capital and surplus funds prohibited.
• Sec. 38a-91kk. Reinsurance.
• Sec. 38a-91ll. Rating organization.
• Sec. 38a-91mm. Guaranty association and insolvency fund exclusion.
• Sec. 38a-91nn. Premium receipts tax.
• Sec. 38a-91oo. Applicability of insurance statutes.
• Sec. 38a-91pp. Conversions and mergers. Approval by commissioner.
• Sec. 38a-91qq. Regulations.
• Sec. 38a-92. Financial Guaranty Insurance Act, generally.
• Sec. 38a-92a. Definitions.
• Sec. 38a-92b. Licensing of financial guaranty insurance corporations. Reinsurance.
• Sec. 38a-92c. Contingency reserves.
• Sec. 38a-92d. Reserves against unpaid losses and loss expense.
• Sec. 38a-92e. Unearned premium reserve.
• Sec. 38a-92f. Disclosures in prospectus or other offering document.
• Sec. 38a-92g. Financial guaranty insurance transactions. Exceptions.
• Sec. 38a-92h. Copies of relevant materials.
• Sec. 38a-92i. Net liability. Kinds of obligations.
• Sec. 38a-92j. Limiting of exposure to loss on any one risk.
• Sec. 38a-92k. Exceeding of limitations by licensed financial insurance corporations. Notification of commissioner. Hearing.
• Sec. 38a-92l. Other licensed insurers transacting financial guaranty insurance to be subject to provisions of this part.
• Sec. 38a-92m. Credit for reinsurance as an asset or as a reduction from liability, when.
• Sec. 38a-92n. Filing of policy forms and amendments with commissioner.
• Sec. 38a-93.
• Secs. 38a-94 to 38a-101. (Formerly Secs. 38-141a to 38-146a and 38-148). Domestic life insurers: Certain investments forbidden; unqualified loans and investments, limit permitted; investment in obliga
• Sec. 38a-102. Investments.
• Sec. 38a-102a. Nonadmitted investment assets. Divestiture order, notice and hearing.
• Sec. 38a-102b. Definitions.
• Sec. 38a-102c. Investments of admitted assets. Limitations.
• Sec. 38a-102d. Affiliate relationships in the investment of admitted assets. Limitations.
• Sec. 38a-102e. Loan or investment prohibition.
• Sec. 38a-102f. Prohibition of compensation for negotiating a loan.
• Sec. 38a-102g. Investments of foreign and alien insurers.
• Sec. 38a-102h. Policies and procedures re use of special knowledge or information.
• Sec. 38a-102i. Exceptions.
• Secs. 38a-103 to 38a-116.
• Sec. 38a-117. (Formerly Sec. 38-68a). Insider trading of equity securities. Definitions.
• Sec. 38a-118. (Formerly Sec. 38-68b). Beneficial owners of securities to file with commissioner.
• Sec. 38a-119. (Formerly Sec. 38-68c). Disposition of certain profits realized by owners and officers.
• Sec. 38a-120. (Formerly Sec. 38-68d). Sales of securities restricted.
• Sec. 38a-121. (Formerly Sec. 38-68e). Excepted transactions.
• Sec. 38a-122. (Formerly Sec. 38-68f). Foreign or domestic arbitrage transactions.
• Sec. 38a-123. (Formerly Sec. 38-68g). Securities of certain companies not covered.
• Sec. 38a-124. (Formerly Sec. 38-68h). Regulations.
• Secs. 38a-125 to 38a-128.
• Sec. 38a-129. (Formerly Sec. 38-39a). Purpose. Definition.
• Sec. 38a-130. (Formerly Sec. 38-39b). Acquisition of control of domestic insurance companies. Information statement furnished commissioner and insurer. Violations.
• Sec. 38a-131. (Formerly Sec. 38-39c). Form of information statement.
• Sec. 38a-132. (Formerly Sec. 38-39d). Disposition re acquisition. Hearing. Standard of review.
• Sec. 38a-133. (Formerly Sec. 38-39e). Exemptions.
• Sec. 38a-134. (Formerly Sec. 38-39f). Nonvotable securities. Injunctive relief.
• Sec. 38a-135. (Formerly Sec. 38-39g). Registration of insurance holding company members. Content of the registration statement. Termination of the registration statement. Disclaimer of affiliation. Pe
• Sec. 38a-136. (Formerly Sec. 38-39h). Requirements re transactions between insurance companies and affiliates. Extraordinary dividends or distributions. Prohibited transactions between domestic insura
• Sec. 38a-137. (Formerly Sec. 38-39i). Information furnished commissioner confidential. Exceptions.
• Sec. 38a-138. (Formerly Sec. 38-39j). Regulations.
• Sec. 38a-139. (Formerly Sec. 38-39k). Appeals.
• Sec. 38a-140. (Formerly Sec. 38-39l). Remedial and penal provisions.
• Sec. 38a-141. (Formerly Sec. 38-39m). Financial and market conduct examination of acquired domestic insurance company. Transactions limited. Penalties. Regulations.
• Secs. 38a-142 to 38a-145.
• Sec. 38a-146. (Formerly Sec. 38-37). Domestic insurance company may acquire stock of other companies.
• Sec. 38a-147. (Formerly Sec. 38-37a). Solicitation of proxies.
• Sec. 38a-148. (Formerly Sec. 38-37b). Redemption of shares of domestic insurance company. Notice. Determination of fair value.
• Sec. 38a-149. (Formerly Sec. 38-38). Interlocking directorate.
• Sec. 38a-150. (Formerly Sec. 38-39). Monopoly. Complaint and hearing. Cease and desist order.
• Sec. 38a-151. (Formerly Sec. 38-34). Reduction of capital stock.
• Sec. 38a-152. (Formerly Sec. 38-35). Issuance of stock in exchange for stock of another company.
• Sec. 38a-153. (Formerly Sec. 38-42). Merger or consolidation of companies.
• Sec. 38a-154. (Formerly Sec. 38-36). Filing of the certificate of merger or consolidation with the Secretary of the State.
• Sec. 38a-155. (Formerly Sec. 38-42b). Conversion of hospital and medical service corporation to mutual insurance company. Procedure. Authorized agents to sell products.
• Secs. 38a-156 to 38a-159.
• Sec. 38a-160. (Formerly Sec. 38-290). Exceptions.
• Sec. 38a-161. (Formerly Sec. 38-291). Definitions.
• Sec. 38a-162. (Formerly Sec. 38-292). License required. Expiration. Fee. Required information.
• Sec. 38a-163. (Formerly Sec. 38-293). Application for license. Investigation. Hearing on license denial. Issuance or renewal.
• Sec. 38a-164. (Formerly Sec. 38-294). Revocation, suspension or refusal to renew license. Hearing. Fine. Petition to show cause.
• Sec. 38a-165. (Formerly Sec. 38-295). Records of licensee.
• Sec. 38a-166. (Formerly Sec. 38-296). Regulations.
• Sec. 38a-167. (Formerly Sec. 38-297). Insurance premium finance agreement requirements.
• Sec. 38a-168. (Formerly Sec. 38-298). Service charge.
• Sec. 38a-169. (Formerly Sec. 38-299). Delinquency charge.
• Sec. 38a-170. (Formerly Sec. 38-300). Cancellation of insurance contract on default of insured.
• Secs. 38a-171 to 38a-174.