List of Regulations Recently Adopted

Note: The regulations contained in this section intend to show specific changes that have been made to the regulations over the years, but may or may not be the version of regulations currently in force. Please go to the Connecticut Insurance Department Regulations for the current regulations list.

2022

(New) – Credit for Reinsurance (Effective May 18, 2022)
(New) – Continuing Education for Insurance Producers (Effective January 13, 2022)

2021

Suitability in Annuity Transactions (Effective March 1, 2022)

2020

Technical Correction to Certain Insurance Regulations (effective June 3, 2020)

2019

Term and Universal Life Insurance Reserve Financing (Effective November 6, 2019)
Synthetic Guaranteed Investment Contracts (Effective April 30, 2019)
Medicare Supplement Insurance (Effective April 4, 2019)

2018

Group Health, Drug Formularies and Small Employer Group Health Rate Review (Effective December 3, 2018)
Insurance Holding Company Act (Effective December 3, 2018)
Consumer Financial Information (Effective October 05, 2018)
Health Insurance Reserves (Effective August 31, 2018)
Group Short Term Care Insurance Regulations (Effective August 24, 2018)
Surplus Lines Insurers (Effective July 27, 2018)
Network Adequacy (Effective July 2, 2018)
Personal Data (Effective April 6, 2018)

2017

Synthetic Guaranteed Investment Contracts (Effective December 8, 2017)
Risk-Based Capital Requirements for Health Care Centers (Effective November 2, 2017)
Short Term Care Insurance (Effective May 26, 2017)
State Tracking Number (Effective April 4, 2017)
Annual Audited Financial Reports (Effective March 27, 2017)
External Review Time Frames (Effective February 3, 2017)
Appearance and Representation (Effective February 2, 2017)

2016

Advance Notice of Regulation Adoption Proceedings (Effective December 22, 2016)
Rate Review Regulations (Effective August 2, 2016)
Utilization Review Licensure Date Change (Effective March 2, 2016)

2015

Life and Health Regulations Including Policy Form Approval and Electronic Filing (Effective April 23, 2015)
Conditions for Approval to Participate in the Connecticut Partnership for Long Term Care (Effective April 13, 2015)
Regulations Concerning Description of Organization (Effective March 16, 2015)
Regulations Concerning Holding Company Act (Effective March 4, 2015)

2014

Risk Based Capital for Insurers (Effective August 1, 2014)
NAIC Model Regulation for Recognizing New Annuity Mortality Tables For Use In Determining Reserve Liabilities for annuities (Effective January 24, 2014)

2013

Technical Changes (Effective September 9, 2013)
Credit for Reinsurance (Effective August 6, 2013)
Requirements for Replacement of Life Insurance and Annuities (Effective July 23, 2013)
Insurance Holding Company Act (Effective June 27, 2013)
Life Settlement Contracts (Effective June 27, 2013)

2012

Utilization Review, Grievances and Appeals (Effective September 4, 2012)
Clinical Trials (Effective July 2, 2012)
Suitability in Annuity Transactions (Effective February 18, 2012)
Territorial Rating System For Private Passenger Auto-mobile Insurance (Effective January 30, 2012)

2011

Rules of Practice: Petition to be designated a party or intervenor (Effective February 1, 2011)

2010

Standards on Hazardous Financial Condition (Effective December 8, 2010)
Risk Based Capital Requirements For Health Care Center (Effective November 1, 2010)
Senior-Specific Professional Designations (Effective July 7, 2010)
Individual Specified Disease Policies (Effective June 7, 2010)
Utilization Review and External Appeal (Effective June 3, 2010)
Recognition of Preferred Mortality Tables (Effective June 3, 2010)
Statement of Actuarial Opinion (Effective March 4, 2010)
Cancer Clinical Trials (Effective March 4, 2010)

2009

Group Specified Disease Health Insurance Minimum Standards (Effective November 30, 2009)
Updates to Medicare Supplement Regulations (Effective November 30, 2009)
Annual Audited Financial Reports (Effective September 2, 2009)
Insurance Department Rules of Practice (Effective August 5, 2009)
Individual Long-Term Care Insurance (Effective June 24, 2009)
Requirements For Pharmacy Benefits Managers (Effective April 7, 2009)
Pre-need Life Insurance Minimum Standards for Determining Reserve Liabilities and Non-forfeiture Values Model (Effective April 2, 2009)
Surplus Lines Insurers (Effective March 5, 2009)

2008

Actuarial Opinions and Memoranda (Effective December 23, 2008)
Annual Audited Financial Reports (aka Model Audit Rule) (Effective December 23, 2008)
Suitability in Annuity Transactions (Effective November 10, 2008)
Description of Organization (Effective September 9, 2008)
High Deductible Health Plans for Health Care Center (Effective September 3, 2008)
CT Partnership for Long Term Care (Effective January 2, 2008)

2007

Military Sales Practices (Effective December 10, 2007)
Credit For Reinsurance (Effective May 30, 2007)
Recognition of Preferred Mortality Tables For Use In Determining Minimum Reserve Liabilities (Effective January 1, 2007)

2006

Risk Based Capital For Insurers (Effective November 30, 2006)
Continuing Education For Insurance Producers (Effective November 2, 2006)
Connecticut Fair Access to Insurance Requirements ("FAIR") Plan (Effective August 31, 2006)

2005

2001 CSO Mortality Table (Effective March 30, 2005)

2004

Updates to Certain Life & Health Regulations (Effective August 30, 2004)
Cancer Clinical Trials (Effective August 30, 2004)
Credit for Reinsurance (Effective July 7, 2004)
Safeguarding Customer Financial Information (Effective January 1, 2004)

2003

Service Fees that may be Charged by Insurance Producers and Surplus Lines Brokers (Effective December 22, 2003)
Requirements for Insurance Companies Applying for a License to do Business in the State of Connecticut (Effective March 10, 2003)
Annual Audited Financial Reports (Effective July 23, 2003)
Final Regulation Concerning the FAIR Plan (Effective July 2, 2003)

2002

Medicare Supplement Insurance Minimum Standards (Effective December 10, 2002)
Regulations Concerning the Privacy of Consumer Financial Information Section 38a-8-105 to 38a-8-123 (Effective June 7, 2002)
Concerning Synthetic Guaranteed Investment Contracts and Separate Accounts Funding For Guaranteed (Effective May 1, 2002)
Final Regulations Concerning Electronic Filing Of Policy Forms And Rates. (Effective January 2, 2002)

2001

Insurance Department Organization and Rules of Practice (New official version) (Printed by the Commission on Official Legal Publications) (Amended February 1^st, 2001)

2000

Regulations For Bail Bond Licensees (Effective December 6, 2000)
Minimum Provisions for Auto-mobile Liability Insurance Policies Covering Motor Vehicles (Effective November 1^st, 2000)
Sale of Insurance Policies by Car Rental Agencies (Effective June 29, 2000)
Regulations Concerning Viatical Settlements (Effective March 1^st, 2000)
Risk-Based Capital Requirements for Health Care Center (Effective January 31^st, 2000)
Regulations Concerning Bail Bond Producers Application and Renewal (Effective February 1^st, 2000)
Regulations Concerning Continuing Education of Insurance Producers (Effective February 1^st, 2000)
Insurance Company Licensing Regulation (Effective July 30, 1999)