Publication Date
2023-10-04
effective date
2023-10-04
jurisdiction
Connecticut Issues Bulletin Related to Surplus Lines Diligent Effort
Effective Immediately, Connecticut is advising all surplus lines brokers that they are no longer required to file signed written statements with the Department through OptIns. Surplus brokers are now required to maintain all statutory information and documentation in their own files to be provided promptly to the Commissioner upon request. See Attachment for full details.
AgentSync Actions
Our compliance experts are constantly searching for and analyzing industry updates. Their findings are then recorded in the Regulatory Updates section of the Compliance Library to explain how the update impacts the insurance industry. If a change impacts an AgentSync product, this will be highlighted to inform you that the product is being updated to ensure you remain in compliance.
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This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.
categories
Surplus