Sec. 38a-326. (Formerly Sec. 38-185y). Insurance loss information provided upon cancellation or nonrenewal. Claim information provided upon request.
Sec. 38a-326. (Formerly Sec. 38-185y). Insurance loss information provided
upon cancellation or nonrenewal. Claim information provided upon request. (a)
Whenever a policy for commercial automobile insurance or general liability insurance
is nonrenewed or cancelled for whatever reason by the insured or by the insurer, the
insurer shall furnish the insured with written reports for the insured portion of the period
beginning four years prior to the nonrenewal or cancellation date and ending six months
prior to that date. Such reports shall include the following: (1) Each policy number; (2)
each period of coverage provided; (3) evidence that the reports are furnished by the
insurer; (4) written premiums; (5) pricing information as specified by regulations
adopted pursuant to subsection (c) of this section and modifications used if requested
by the insured; and (6) a detailed listing of incurred losses. If the policy is nonrenewed
or cancelled by the insurer for reasons other than those permitting cancellation upon
ten days' notice under section 38a-324, such reports shall be provided to the insured
first named in the policy or the insured's authorized producer, not later than the date of
notice of nonrenewal or cancellation. If the policy is nonrenewed or cancelled by the
insured or cancelled by the insurer for any reason for which ten days' notice of cancellation is required under section 38a-324, such reports shall be provided within sixty days
of receipt of the written request from the insured first named in the policy or the insured's
authorized producer. If subsequent reports updating the required information are needed
to properly rate or to obtain insurance coverage with a different insurer, such reports
shall be furnished by the prior insurer within sixty days of receipt of a written request
from the insured first named in the policy or the insured's authorized producer.
(b) An insurer shall provide, upon request by the principal named insured, a summary of policy claim information on a policy for commercial insurance for a period
commencing not more than four years prior to the date of the request. Such information
shall include the following: (1) Each policy number; (2) each period of coverage; (3)
the number of claims; (4) the paid losses of all loss information; and (5) the date of each
loss. For purposes of this subsection, "principal named insured" shall not include any
additional named insured.
(c) The Insurance Commissioner may adopt regulations, in accordance with the
provisions of chapter 54, as deemed necessary to implement the provisions of this
section.
(P.A. 87-208; P.A. 92-75, S. 1; P.A. 93-239, S. 28; P.A. 96-193, S. 9, 36.)
History: Sec. 38-185y transferred to Sec. 38a-326 in 1991; P.A. 92-75 inserted a new Subsec. (b) requiring an insurer
to provide claim information upon the request of the principal named insured and relettered former Subsec. (b) as (c); P.A.
93-239 amended Subsec. (b) deleting the references limiting provisions to commercial automobile insurance or general
liability insurance, making subsection applicable to all commercial insurance; P.A. 96-193 substituted "producer" for
"agent or broker" in Subsec. (a), effective June 3, 1996.