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Bill > HB05263
CT HB05263
CT HB05263An Act Concerning The Assignment Of Post-loss Homeowners And Commercial Property Insurance Benefits, Consumer Bill Of Rights And Revising Disclosure Requirements For Home Improvement Contractors And Salespersons.
summary
Introduced
02/19/2026
02/19/2026
In Committee
02/19/2026
02/19/2026
Crossed Over
Passed
Dead
Introduced Session
2026 General Assembly
Bill Summary
To: (1) Establish a process for the assignment of post-loss benefits under homeowners and commercial property insurance policies; (2) modify the required terms of home improvement contracts; (3) preclude home improvement contractors from engaging in certain conduct to induce owners to enter into home improvement contracts; (4) require home improvement contractors to notify the commissioner regarding changes in their business names, trade names and addresses; (5) require home improvement contractors to maintain additional types of insurance coverage; (6) expand the required content of the application for a certificate of registration as a home improvement contractor; (7) modify the grounds on which the Commissioner of Consumer Protection may (A) reprimand or place a home improvement contractor or salesperson on probation, or (B) revoke, suspend, or refuse to issue or renew a certificate of registration as a home improvement contractor or salesperson; and (8) require the Insurance Commissioner to create a consumer bill of rights.
AI Summary
This bill establishes a process for assigning post-loss benefits, which are payments from an insurance policy for damages that have already occurred, under homeowners and commercial property insurance policies, requiring these assignment agreements to be in writing, include specific cancellation rights for the policyholder, and detail the services to be performed with itemized costs. It also modifies requirements for home improvement contracts, prohibiting contractors from offering inducements like waiving deductibles to secure contracts, and mandates that contractors notify the Commissioner of Consumer Protection of changes to their business information, maintain additional insurance, and provide more comprehensive details on their registration applications. Furthermore, the bill revises the grounds for disciplinary actions against contractors and salespersons, and requires the Insurance Commissioner to create a consumer bill of rights concerning insurance and real estate.
Committee Categories
Business and Industry
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Insurance and Real Estate Committee (Joint)
Last Action
Insurance and Real Estate Public Hearing (00:00:00 2/24/2026 ) (on 02/24/2026)
bill text
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05263&which_year=2026 |
| BillText | https://www.cga.ct.gov/2026/TOB/H/PDF/2026HB-05263-R00-HB.PDF |
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