Sec. 38a-992. (Formerly Sec. 38-517). Commissioner to prepare findings.
Sec. 38a-992. (Formerly Sec. 38-517). Commissioner to prepare findings. (a)
If, after a hearing pursuant to section 38a-990, the commissioner determines that the
insurance institution, agent or insurance-support organization charged has engaged in
conduct or practices in violation of sections 38a-975 to 38a-998, inclusive, the commissioner shall reduce the findings to writing and shall issue and cause to be served upon
such institution, agent or organization a copy of such findings and an order requiring
such institution, agent or organization to cease and desist from engaging in such conduct
or practices.
(b) If, after a hearing pursuant to section 38a-990, the commissioner determines
that the insurance institution, agent or insurance-support organization charged has not
engaged in conduct or practices in violation of sections 38a-975 to 38a-998, inclusive,
the commissioner shall prepare a written report which sets forth the findings of fact
and conclusions. Such report shall be served upon the insurance institution, agent or
insurance-support organization charged and upon the person, if any, whose rights under
said sections were allegedly violated.
(c) The commissioner may modify or set aside any order or report issued under this
section until the expiration of the time allowed under section 38a-994 for filing a petition
for review or until such petition is actually filed, whichever occurs first. If, after the
expiration of the time allowed under section 38a-994 for filing a petition for review, no
petition has been filed, the commissioner may, after notice and opportunity for hearing,
alter, modify or set aside, in whole or in part, any order or report issued under this
section whenever conditions of fact or law warrant such action or if the public interest
so requires.
(P.A. 81-368, S. 18, 25; P.A. 99-284, S. 22, 60.)
History: Sec. 38-517 transferred to Sec. 38a-992 in 1991; P.A. 99-284 substituted "the commissioner" for "he" and
"the findings" for "his findings" and made a technical change, effective July 1, 2000.
Annotation to former section 38-517:
Subsec. (b):
Cited. 215 C. 277.