Conn. Gen. Stat. § 38a-896
(Formerly Sec. 38-114c). Assessment of insurers
Connecticut · General Statutes of Connecticut Chapter 704b — Federal Riot Reinsurance Reimbursement Fund · Status: effective
Cite this
- Citation
- Conn. Gen. Stat. § 38a-896, (Formerly Sec. 38-114c). Assessment of insurers, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2203520
- Permanent ID
ys:prov:2203520@1- SHA-256
cbf19218516f71a5443457e805bedb8048a5f82c647addcfea8a684dc8ef76a3
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) Whenever the secretary shall present to the state a request for reimbursement under the provisions of sections 38a-894 to 38a-898, inclusive, the fund shall immediately assess all insurers which, during the calendar year with respect to which reimbursement is requested by the secretary, are engaged in writing property insurance in this state. The amount of each such insurer's assessment shall be calculated by multiplying the amount of the reimbursement requested by the secretary by a fraction, the numerator of which is the insurer's direct property insurance premiums earned in this state and the denominator of which is the aggregate of such premiums for all insurers.
(b) Within thirty days following the assessment by the fund, the participating insurers shall remit, in full, their share of the assessment to the fund and they shall be reimbursed in accordance with section 38a-897.