SB 841 — AN ACT CONCERNING THE INSURANCE DEPARTMENT'S RECOMMENDED CHANGES TO THE INSURANCE STATUTES.

(ii) unreasonably disapprove the insurance policy provided by a borrower for the protection of the property securing the credit or lien;Public Act No.

21-137 9 of 20 Substitute Senate Bill No.

841 lien;

(ii) For purposes of subparagraph (A)(ii) of this subdivision, such disapproval shall be deemed unreasonable if it is not based solely on reasonable standards uniformly applied, relating to the extent of coverage required LCOand {\\PRDFS1\SCOUSERS\FORZANOF\WS\2021SB-008419the offinancial 19soundness R02-SB.docxand }the Substituteservices Billof No.an insurer.

841 and the financial soundness and the services of an insurer.

(12) Refusing to insure, refusing to continue to insure or limiting the amount, extent or kind of coverage available to an individual or chargingPublic anAct individualNo. a different rate for the same coverage because of physical disability, mental or nervous condition as set forth in section 38a-488a or intellectual disability, except where the refusal, limitation or rate differential is based on sound actuarial principles or is related to actual or reasonably anticipated experience.

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841 charging an individual a different rate for the same coverage because of physical disability, mental or nervous condition as set forth in section 38a-488a or intellectual disability, except where the refusal, limitation or rate differential is based on sound actuarial principles or is related to actual or reasonably anticipated experience.

LCO(14) {\\PRDFS1\SCOUSERS\FORZANOF\WS\2021SB-00810Refusing to insure, refusing to continue to insure or limiting the amount, extent or kind of 19coverage R02-SB.docxavailable }to Substitutean Billindividual No.or charging an individual a different rate for the same coverage because of exposure to diethylstilbestrol through the female parent.

841 (14) Refusing to insure, refusing to continue to insure or limiting the amount, extent or kind of coverage available to an individual or charging an individual a different rate for the same coverage because of exposure to diethylstilbestrol through the female parent.

Any insurer, or any other entity responsiblePublic forAct providingNo. payment to a health care provider pursuant to an insurance policy, who fails to pay such a claim or request within the time periods set forth in subparagraph (B) of this subdivision shall pay the claimant or health care provider the amount of such claim plus interest at the rate of fifteen per cent per annum, in addition to any other penalties which may be imposed pursuant to sections 38a-11, 38a-25, 38a-41 to 38a-53, inclusive, 38a-57 to 38a-60, inclusive, 38a-62 to 38a-64, inclusive, 38a-76, 38a-83, 38a-84, 38a-117 to 38a-124, inclusive, 38a-129 to 38a-140, inclusive, 38a-146 to 38a-155, inclusive, 38a-283, 38a-288 to 38a-290, inclusive, 38a-319,38a-320,38a-459,38a-464,38a-815to 38a-819, inclusive, 38a-824 to 38a-826, inclusive, and 38a-828 to 38a-830, inclusive.

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841 responsible for providing payment to a health care provider pursuant to an insurance policy, who fails to pay such a claim or request within the time periods set forth in subparagraph (B) of this subdivision shall pay the claimant or health care provider the amount of such claim plus interest at the rate of fifteen per cent per annum, in addition to any other penalties which may be imposed pursuant to sections 38a-11, 38a-25, 38a-41 to 38a-53, inclusive, 38a-57 to 38a-60, inclusive, 38a-62 to 38a-64, inclusive, 38a-76, 38a-83, 38a-84, 38a-117 to 38a-124, inclusive, 38a-129 to 38a-140, inclusive, 38a-146 to 38a-155, inclusive, 38a-283, 38a-288 to 38a-290, inclusive, 38a-319,38a-320,38a-459,38a-464,38a-815to 38a-819, inclusive, 38a-824 to 38a-826, inclusive, and 38a-828 to 38a-830, inclusive.

(i) For claims filed in paper format, sixty days after receipt by the LCOinsurer {\\PRDFS1\SCOUSERS\FORZANOF\WS\2021SB-008411of the claimant's proof of 19loss R02-SB.docxform }or Substitutethe Billhealth care provider's request for payment filed in accordance with the insurer's practices or procedures, except that when there is a deficiency in the information needed for processing a claim, as determined in accordance with section 38a-477, the insurer shall (I) send written notice to the claimant or health care provider, as the case may be, of all alleged deficiencies in information needed for processing a claim not later than thirty days after the insurer receives a claim for payment or reimbursement under the contract, and (II) pay claims for payment or reimbursement under the contract not later than thirty days after the insurer receives the Public Act No.

84121-137 insurer12 of the20 claimant'sSubstitute proofSenate ofBill lossNo. form or the health care provider's request for payment filed in accordance with the insurer's practices or procedures, except that when there is a deficiency in the information needed for processing a claim, as determined in accordance with section 38a-477, the insurer shall (I) send written notice to the claimant or health care provider, as the case may be, of all alleged deficiencies in information needed for processing a claim not later than thirty days after the insurer receives a claim for payment or reimbursement under the contract, and (II) pay claims for payment or reimbursement under the contract not later than thirty days after the insurer receives the information requested;

841 information requested;

(16) Failure to pay, as part of any claim for a damaged motor vehicle under any automobile insurance policy where the vehicle has been declared to be a constructive total loss, an amount equal to the sum of (A) the settlement amount on such vehicle plus, whenever the insurer takes title to such vehicle, (B) an amount determined by multiplying such settlement amount by a percentage equivalent to the current sales LCOtax {\\PRDFS1\SCOUSERS\FORZANOF\WS\2021SB-00812rate ofestablished 19in R02-SB.docxsection }12-408. Substitute Bill No.

841 tax rate established in section 12-408.

(A) Failure to include all statements required in subsections (c)Public andAct (f)No. of section 42-260 in an issued extended warranty;

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841 (c) and (f) of section 42-260 in an issued extended warranty;

Genetic information indicating a predisposition to a disease or condition shall not be deemed a preexisting condition in the absence ofa diagnosis ofsuchdisease or conditionthat isbasedon other LCOmedical {\\PRDFS1\SCOUSERS\FORZANOF\WS\2021SB-0013information. of 19 R02-SB.docx } Substitute Bill No.

841An medicalinsurance information.company, hospital service corporation, health care center or fraternal benefit society providing individual health coverage of the types specified in subdivisions (1), (2), (3), (4), (6), (9), (10), (11) and (12) of section 38a-469, shall not be prohibited from refusing to insure or applying a preexisting condition Public Act No.

An21-137 insurance14 company, hospital service corporation, health care center or fraternal benefit society providing individual health coverage of the20 typesSubstitute specifiedSenate inBill subdivisionsNo. (1), (2), (3), (4), (6), (9), (10), (11) and (12) of section 38a-469, shall not be prohibited from refusing to insure or applying a preexisting condition limitation,to theextentpermittedby law, to anindividual who has been diagnosed with a disease or condition based on medical information other than genetic information and has exhibited symptoms of such disease or condition.

841 limitation,to theextentpermittedby law,to anindividual who has been diagnosed with a disease or condition based on medical information other than genetic information and has exhibited symptoms of such disease or condition.

(i) At least ten days before the effective date of such cancellation for LCOnonpayment {\\PRDFS1\SCOUSERS\FORZANOF\WS\2021SB-0014 of 19premium R02-SB.docxdisclosing: } Substitute Bill No.

841 nonpayment of premium disclosing:

(II)Public ThatAct theNo. named insured may avoid such cancellation and continue coverage under suchpolicy by paying,beforetheeffective date of such cancellation, such unpaid premium;

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841 (II) That the named insured may avoid such cancellation and continue coverage under suchpolicy by paying,beforetheeffective date of such cancellation, such unpaid premium;

or LCO(ii) {\\PRDFS1\SCOUSERS\FORZANOF\WS\2021SB-0015At least thirty days before the effective date of 19such R02-SB.docxcancellation }for Substitutefraud Billor misrepresentation of any material fact made by the named Public Act No.

84121-137 (ii)16 At least thirty days before the effective date of such20 cancellationSubstitute forSenate fraudBill orNo. misrepresentation of any material fact made by the named insured in obtaining coverage under such policy that, if discovered by such insurer, wouldhave causedsuch insurer not to issueor renewsuch policy, as applicable, or any physical change in the covered property that materially increases a hazard insured against under such policy disclosing:

841 insured in obtaining coverage under such policy that, if discovered by such insurer, wouldhave causedsuch insurer not to issueor renewsuch policy, as applicable, or any physical change in the covered property that materially increases a hazard insured against under such policy disclosing:

(b) No notice of cancellation is required under subsection (a) of this section if the homeowners insurance policy is transferred from the insurer to an affiliate of such insurer for another policy with no interruptionof coverage and the same terms, conditions and provisions, LCOPublic {\\PRDFS1\SCOUSERS\FORZANOF\WS\2021SB-0016Act of 19 R02-SB.docx } Substitute Bill No.

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(5)Public "Indebtedness"Act means the total amount payable by a debtor to a LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2021SB-008417 of 19 R02-SB.docx } Substitute Bill No.

84121-137 creditor18 inof connection20 withSubstitute aSenate loanBill orNo. other credit transaction;

841 (5) "Indebtedness" means the total amount payable by a debtor to a creditor in connection with a loan or other credit transaction;

Subsection (e) of section 38a-702e of the general statutes is repealed andthefollowing issubstituted inlieuthereof(EffectiveOctoberinlieu 1,thereof(EffectiveOctober 2021):Public Act No.

(e)21-137 Each19 applicant for an insurance producer license shall, before LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2021SB-0018 of 1920 R02-SB.docx } Substitute Senate Bill No.

841 being1, admitted2021): to an examination under subsection (a) of this section, prove to the satisfaction of the commissioner that such applicant meets one of the following prerequisites:

(e) Each applicant for an insurance producer license shall, before being admitted to an examination under subsection (a) of this section, prove to the satisfaction of the commissioner that such applicant meets one of the following prerequisites:

ThisApproved actJuly shall7, take2021 effectPublic asAct followsNo. and shall amend the following sections:

Section21-137 120 Octoberof 1,20 2021 38a-1 Sec.

2 October 1, 2021 New section October 1, 2021 Sec.

3 38a-816 Sec.

4 July 1, 2021 New section Sec.

5 October 1, 2021 38a-646 Sec.

6 October 1, 2021 38a-651(b) Sec.

7 October 1, 2021 38a-702e(e) INS Joint Favorable Subst.

-LCO JUD Joint Favorable LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2021SB-00841- 19 of 19 R02-SB.docx }