Conn. Gen. Stat. § 38a-330

Current with legislation from the 2024 Regular and Special Sessions.

Section 38a-330 - Transfer of policy to affiliate due to merger or acquisition. Notice

Each property and casualty insurer that, at the time of policy renewal, transfers any policy to an affiliate as a result of a merger or acquisition of control, shall provide notice to policyholders at least sixty days prior to the effective date of transfer. Such transfer shall not require a nonrenewal or cancellation of the policy.

Conn. Gen. Stat. § 38a-330

( P.A. 98-64; P.A. 06-109, S. 1; P.A. 15-118, S. 41.)

Amended by P.A. 15-0118, S. 41 of the Connecticut Acts of the 2015 Regular Session, eff. 10/1/2015.