Sec. 38a-987. (Formerly Sec. 38-512). Insurer prohibited from considering previous adverse underwriting decision or past residual market mechanism coverage. - Connecticut Statutes

State Codes and Statutes

Statutes > Connecticut > Title38a > Chap705 > Sec38a-987

      Sec. 38a-987. (Formerly Sec. 38-512). Insurer prohibited from considering previous adverse underwriting decision or past residual market mechanism coverage. No insurance institution or agent shall base an adverse underwriting decision in whole or in part:

      (1) On a previous adverse underwriting decision or on the fact that an individual previously obtained insurance coverage through a residual market mechanism, provided an insurance institution or agent may base an adverse underwriting decision on further information obtained from an insurance institution or agent responsible for a previous adverse underwriting decision;

      (2) On personal information received from an insurance-support organization whose primary source of information is an insurance institution, provided an insurance institution or agent may base an adverse underwriting decision on further personal information obtained as the result of information received from an insurance-support organization.

      (P.A. 81-368, S. 13, 25; P.A. 02-24, S. 10; P.A. 08-110, S. 7.)

      History: Sec. 38-512 transferred to Sec. 38a-987 in 1991; P.A. 02-24 substituted Subdiv. designators "(1)" and "(2)" for "(a)" and "(b)"; P.A. 08-110 made a technical change, effective May 27, 2008.

State Codes and Statutes

Statutes > Connecticut > Title38a > Chap705 > Sec38a-987

      Sec. 38a-987. (Formerly Sec. 38-512). Insurer prohibited from considering previous adverse underwriting decision or past residual market mechanism coverage. No insurance institution or agent shall base an adverse underwriting decision in whole or in part:

      (1) On a previous adverse underwriting decision or on the fact that an individual previously obtained insurance coverage through a residual market mechanism, provided an insurance institution or agent may base an adverse underwriting decision on further information obtained from an insurance institution or agent responsible for a previous adverse underwriting decision;

      (2) On personal information received from an insurance-support organization whose primary source of information is an insurance institution, provided an insurance institution or agent may base an adverse underwriting decision on further personal information obtained as the result of information received from an insurance-support organization.

      (P.A. 81-368, S. 13, 25; P.A. 02-24, S. 10; P.A. 08-110, S. 7.)

      History: Sec. 38-512 transferred to Sec. 38a-987 in 1991; P.A. 02-24 substituted Subdiv. designators "(1)" and "(2)" for "(a)" and "(b)"; P.A. 08-110 made a technical change, effective May 27, 2008.

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State Codes and Statutes

Statutes > Connecticut > Title38a > Chap705 > Sec38a-987

      Sec. 38a-987. (Formerly Sec. 38-512). Insurer prohibited from considering previous adverse underwriting decision or past residual market mechanism coverage. No insurance institution or agent shall base an adverse underwriting decision in whole or in part:

      (1) On a previous adverse underwriting decision or on the fact that an individual previously obtained insurance coverage through a residual market mechanism, provided an insurance institution or agent may base an adverse underwriting decision on further information obtained from an insurance institution or agent responsible for a previous adverse underwriting decision;

      (2) On personal information received from an insurance-support organization whose primary source of information is an insurance institution, provided an insurance institution or agent may base an adverse underwriting decision on further personal information obtained as the result of information received from an insurance-support organization.

      (P.A. 81-368, S. 13, 25; P.A. 02-24, S. 10; P.A. 08-110, S. 7.)

      History: Sec. 38-512 transferred to Sec. 38a-987 in 1991; P.A. 02-24 substituted Subdiv. designators "(1)" and "(2)" for "(a)" and "(b)"; P.A. 08-110 made a technical change, effective May 27, 2008.