Association for Independent Agents | Big I CT

Week In Review: March 16, 2023

The latest legislative news. From the Official Newsletter of FOCUS Government Affairs[+]

Will Connecticut Ban Non-Compete Agreements?

​Currently, the Connecticut state legislature is considering HB 6594, which would prohibit the use of most non-compete agreements. If passed, Connecticut would become the fourth state to enact such a ban. The bill was passed by the Labor and Public Employees Committee on February 16th, and could be given a floor vote later this session.[+]

UPC To Be Liquidated; Client Form Letter Available

Florida-based property-casualty insurer UPC Insurance is insolvent and is to be liquidated, according to a consent order made public on Feb. 17.[+]

Big I CT Board Member Testifies in Support of Priority Excess Lines Bill

On February 16th, Big I CT board member Danielle Brown testified in support​ of excess lines mondernization legislation before the Connecticut General Assembly Committee on Insurance and Real Estate. The legislation would improve the customer and agent experience by eliminating the requirement to obtain three declinations from admitted carriers on renewal.[+]