Sec. 38a-667. (Formerly Sec. 38-201e). Insurers having common ownership or management.
Sec. 38a-667. (Formerly Sec. 38-201e). Insurers having common ownership
or management. With respect to any matters pertaining to the making of rates or rating
systems, the preparation or making of insurance policies or bond forms, underwriting
rules, surveys, inspections and investigations, the furnishing of loss or expense statistics
or other information and data, or carrying on of research, two or more admitted insurers
having a common ownership or operating in this state under common management or
control, are authorized to act in concert between or among themselves the same as if
they constituted a single insurer, and to the extent that such matters relate to cosurety
bonds, two or more admitted insurers executing such bonds are authorized to act in
concert between or among themselves as if they constituted a single insurer.
(1969, P.A. 665, S. 5.)
History: Sec. 38-201e transferred to Sec. 38a-667 in 1991.