Connecticut 2015 Regular Session

Connecticut House Bill HB05856 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 5856
22 January Session, 2015 LCO No. 2650
33 *02650*
44 Referred to Committee on LABOR AND PUBLIC EMPLOYEES
55 Introduced by:
66 REP. O'DEA, 125th Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 5856
1111
1212 January Session, 2015
1313
1414 LCO No. 2650
1515
1616 *02650*
1717
1818 Referred to Committee on LABOR AND PUBLIC EMPLOYEES
1919
2020 Introduced by:
2121
2222 REP. O'DEA, 125th Dist.
2323
2424 AN ACT PERMITTING EMPLOYERS TO PURCHASE INDEMNITY INSURANCE POLICIES TO SATISFY COLLATERAL OBLIGATIONS.
2525
2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
2727
2828 That the general statutes be amended to permit employers in this state to purchase an indemnity insurance policy in lieu of posting a letter of credit to satisfy collateral obligations, including, but not limited to, workers' compensation and self-insurance obligations.
2929
3030 Statement of Purpose:
3131
3232 To permit employers in this state to purchase an indemnity insurance policy in lieu of posting a letter of credit to satisfy collateral obligations, including, but not limited to, workers' compensation and self-insurance obligations.