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-69a. Confidentiality of financial examination workpapers and operating and financial condition reports. Confidentiality of certain supplemental
compensation exhibits and stockholder information supplements. Exceptions. (a)
All financial analyses, financial examination workpapers, operating and financial condition reports concerning any insurance company, fraternal benefit society or health care
center prepared by or on behalf of or for the use of the Insurance Commissioner or
the Insurance Department examiner, shall be confidential unless such documents are
otherwise a matter of public record, or the commissioner, in the commissioner's opinion
deems it in the public interest to disclose or otherwise make available for public inspection the information contained in such documents.
(b) Any supplemental compensation exhibit or stockholder information supplement
in an annual report filed with the commissioner and prepared in accordance with the
National Association of Insurance Commissioners Annual Statement Instructions shall
be confidential and shall not be available for public inspection if submitted by a nonprofit
insurance company that has fewer than one hundred fifty employees. The provisions of
this subsection shall not apply to information in such exhibit or supplement concerning
such company's three most highly compensated officers.
(P.A. 92-95; P.A. 03-104, S. 1.)
History: P.A. 03-104 designated existing provisions as Subsec. (a), made a technical change therein and added Subsec.
(b) re supplemental compensation exhibits or stockholder information supplements.