General Assembly Proposed Bill No. 6163
January Session, 2015 LCO No. 1959
*01959*
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
REP. HENNESSY, 127th Dist.
General Assembly
Proposed Bill No. 6163
January Session, 2015
LCO No. 1959
*01959*
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
REP. HENNESSY, 127th Dist.
AN ACT CONCERNING THE TERRITORIAL CLASSIFICATIONS FOR PRIVATE PASSENGER NONFLEET AUTOMOBILE INSURANCE RATING PLANS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That section 38a-686 of the general statutes be amended to change the assignment of weight for an insurer's rating plan for private passenger nonfleet automobile insurance that includes territorial classifications to fifty per cent to individual territorial loss cost indication and fifty per cent to the state-wide average loss cost indication.
Statement of Purpose:
To change the assignment of weight for an insurer's rating plan for private passenger nonfleet automobile insurance that includes territorial classifications to fifty per cent to individual territorial loss cost indication and fifty per cent to the state-wide average loss cost indication.