Bill > HB05368

This bill requires the Connecticut Insurance Department to conduct a comprehensive study of automobile liability insurance laws in neighboring states, with the goal of identifying potential strategies to lower automobile liability insurance premiums. Specifically, the department will evaluate insurance coverage requirements and practices in surrounding states and then prepare a detailed report of its findings. The report will be submitted to the joint standing committee of the General Assembly responsible for insurance matters. By conducting this comparative analysis, the bill aims to provide policymakers with insights into how automobile liability insurance regulations and approaches might differ across state borders, potentially offering opportunities to reduce insurance costs for Connecticut residents. The study is intended to be a fact-finding mission that could inform future legislative or regulatory decisions about automobile insurance in the state.

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https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05368&which_year=2025