Connecticut 2013 Regular Session

Connecticut Senate Bill SB00675

Introduced
1/25/13  

Caption

An Act Concerning Notification Provided To An Automobile Insurance Policyholder.

Impact

The enactment of SB00675 would significantly impact existing statutes governing insurance company practices and consumer protections within the state. By requiring insurers to inform policyholders about claims, the bill promotes transparency and empowers consumers to take an active role in managing their insurance policies. This change is intended to enhance the policyholder's rights and ensure they are not blindsided by claims that could affect their insurance standing or premiums.

Summary

SB00675 introduces provisions concerning notifications that must be provided to automobile insurance policyholders regarding claims filed against their policies. The bill mandates that insurance companies, upon issuing, renewing, or modifying automobile insurance policies in the state, notify policyholders when a claim is filed against their insurance. This requirement ensures that policyholders are kept informed of any actions related to their policies and allows them the opportunity to contest any such claims.

Contention

While the bill aims to safeguard consumers, there may be points of contention regarding the operational implications for insurance companies. Some insurers might argue that the requirement to provide notifications could lead to an administrative burden or increase operational costs. Additionally, concerns could arise regarding how this would affect the claims process and the time frames within which claims must be resolved, prompting discussions about balancing consumer rights with the practicalities of insurance operations.

Companion Bills

No companion bills found.

Previously Filed As

CT SB00398

An Act Concerning The Regulation And Taxation Of Travel Insurance And Associated Entities, Products And Professionals.

CT SB00406

An Act Concerning Long-term Care Insurance.

CT SB00165

An Act Establishing A Personal Income Tax Deduction For Certain Long-term Care Insurance Policyholders.

CT HB05244

An Act Concerning Consumer Guidelines For Automobile Liability Insurance.

CT SB00403

An Act Concerning Insurance Market Conduct And Insurance Licensing.

CT HB05250

An Act Concerning Self-service Storage Insurance.

CT HB05465

An Act Requiring The Insurance Commissioner To Conduct A Study Of Usage-based Automobile Liability Insurance Programs For New Drivers In This State.

CT HB05503

An Act Concerning Insurance Market Conduct And Insurance Licensing, The Insurance Department's Technical Corrections And Other Revisions To The Insurance Statutes And Captive Insurance.

CT SB00400

An Act Concerning The Insurance Department's Technical Corrections And Other Revisions To The Insurance Statutes.

CT SB00395

An Act Concerning The Reporting Of Medical Debt.

Similar Bills

No similar bills found.