Bill Text: CT SB00023 | 2015 | General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: An Act Concerning Group-wide Supervision For Internationally Active Insurance Groups.

Spectrum: Committee Bill

Status: (Engrossed - Dead) 2015-06-03 - Bill Placed on Senate Agenda, Senate Agenda Never Adopted [SB00023 Detail]

Download: Connecticut-2015-SB00023-Introduced.html

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General Assembly		Proposed Bill No. 23
January Session, 2015		LCO No. 171
		*00171*
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
SEN. CRISCO, 17th Dist.

AN ACT CONCERNING GROUP-WIDE SUPERVISION FOR INTERNATIONALLY ACTIVE INSURANCE GROUPS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That title 38a of the general statutes be amended to authorize the Insurance Commissioner's oversight of internationally active insurance groups and establish requirements for the determination or acknowledgment of group-wide supervisors.

Statement of Purpose:

To authorize the Insurance Commissioner's oversight of internationally active insurance groups and establish requirements for the determination or acknowledgment of group-wide supervisors.