Substitute House Bill No. 6437 proposes significant amendments to existing insurance regulations, set to take effect on October 1, 2025. The bill repeals Sections 38a-26, 38a-774, and 38a-720e, replacing them with new provisions that enhance the service of legal documents and streamline the procedures for license suspension or revocation. Notably, the bill allows for service of process via electronic mail, requiring the commissioner to send a copy to the last-known email address of the individual being served. It also establishes a 45-day waiting period before a default judgment can be granted. Additionally, the bill modifies the notification process for license suspensions, allowing for personal delivery or electronic mail as sufficient communication methods, and introduces a new appeals process for individuals aggrieved by the commissioner's actions, specifically in the judicial district of New Britain.

Further changes include the revision of Section 38a-708, which now mandates that insurers report the termination of an agent's appointment for cause to the Insurance Department within thirty days, and clarifies that agents cannot sue companies for providing truthful information to the department. The bill also repeals Section 38a-356, which required annual reports on insurance fraud investigations, and allows authorized employees from various departments to request information from insurers regarding motor vehicle loss or fraud investigations. Overall, these amendments aim to improve communication, reduce administrative burdens, and enhance the responsibilities of insurers within the industry.

Statutes affected:
Raised Bill: 4-182, 51-344b
INS Joint Favorable: 4-182, 51-344b
File No. 64: 4-182, 51-344b