Bill Text: CT SB00433 | 2015 | General Assembly | Introduced

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Bill Title: An Act Concerning Workers' Compensation Settlements And Insurers.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-02-10 - Public Hearing 02/17 [SB00433 Detail]

Download: Connecticut-2015-SB00433-Introduced.html

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General Assembly		Proposed Bill No. 433
January Session, 2015		LCO No. 2365
		*02365*
Referred to Committee on LABOR AND PUBLIC EMPLOYEES
Introduced by:
SEN. FASANO, 34th Dist.

AN ACT CONCERNING WORKERS' COMPENSATION SETTLEMENTS AND INSURERS.

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

That section 31-293 of the general statutes be amended to prohibit a workers' compensation insurance carrier from altering or refusing to renew an employer's policy if such employer has settled a claim against a third party which has been reduced by one-third pursuant to said section unless such insurance carrier brings a subrogation action against such third party.

Statement of Purpose:

To prevent workers' compensation insurers from penalizing employers for settling certain claims.