United States:
Connecticut Insurance Department Issues Two Bulletins
29 December 2017
Carlton Fields
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The Connecticut Insurance Department recently issued two
bulletins, both of which mandate financial reporting by insurers to
the Department. Bulletin
Number FS-4AR-17, issued on December 6, 2017, requires
all accredited reinsurers doing business in Connecticut to submit
to the Department a report of its financial condition as of
December 31, 2017, by March 1, 2018, as well as a copy of the
company's 2017 independent audit report, by June 1, 2018. Bulletin
Number FS-4C-17, issued on December 11, 2017, requires
each captive insurance company domiciled or licensed in Connecticut
to file financial reports with the Department by either March 1 or
March 15, 2018, depending on the type of captive.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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