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.
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