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HB 7038
  • Introduced
    Feb 20, 2025
  • Passed House
  • Passed Senate
  • Signed into Law
HB 7038
Connecticut House Bill
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AN ACT REQUIRING A STUDY OF THE FEASIBILITY OF ESTABLISHING A CAPTIVE INSURANCE COMPANY OR USING PARAMETRIC INSURANCE TO PROVIDE FINANCIAL ASSISTANCE TO FARMERS IMPACTED BY THE EFFECTS OF SEVERE WEATHER. To require that the Insurance Commissioner, in consultation with the Commissioner of Agriculture, conduct a feasibility study for establishing a captive insurance company or providing insurance coverage through parametric contracts to provide financial assistance to farmers in the state impacted by the effects of severe weather.
Last Action See all actions
House • Feb 21, 2025: Public Hearing 02/27
Latest Bill Text See all bill texts
Raised Bill
Public Hearing • Insurance and Real Estate
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Feb 27, 2025 10:00am
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Actions
  • Feb 21, 2025 | House
    • Public Hearing 02/27
  • Feb 20, 2025 | House
    • Referred to Joint Committee on Insurance and Real Estate
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