LCO No. 1372 1 of 1
General Assembly Proposed Bill No. 5547
January Session, 2021
LCO No. 1372
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
REP. TURCO, 27th Dist.
(By Request)
AN ACT CONCERNING INSURANCE PREMIUM RATE INCREASES.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That title 38a of the general statutes be amended to provide that 1
premium rate increases during the lifetime of an insurance policy shall, 2
in the aggregate, not exceed seventy-five per cent of the original 3
premium rate for the insurance policy. 4
Statement of Purpose:
To provide that premium rate increases during the lifetime of an
insurance policy shall, in the aggregate, not exceed seventy-five per cent
of the original premium rate for the insurance policy.