ARTICLE
29 December 2017

Connecticut Insurance Department Issues Two Bulletins

The Connecticut Insurance Department recently issued two bulletins, both of which mandate financial reporting by insurers to the Department.
United States Insurance

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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