CT HB07038 | 2025 | General Assembly
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 20 2025 - 25% progression
Action: 2025-02-21 - Public Hearing 02/27
Pending: Joint Insurance and Real Estate Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 20 2025 - 25% progression
Action: 2025-02-21 - Public Hearing 02/27
Pending: Joint Insurance and Real Estate Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
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.
Sponsors
| House Insurance and Real Estate Committee | Rep. Tom Delnicki [R] | Sen. Saud Anwar [D] | Rep. Christine Pavalock-D'Amato [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-02-21 | House | Public Hearing 02/27 |
| 2025-02-20 | House | Referred to Joint Committee on Insurance and Real Estate |
Connecticut State Sources
| Type | Source |
|---|---|
| Summary | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB07038&which_year=2025 |
| Text | https://www.cga.ct.gov/2025/TOB/H/PDF/2025HB-07038-R00-HB.PDF |
