Regulations of Connecticut State Agencies (Last Updated: June 14,2023) |
Title38a Insurance Department |
SubTitle38a-328-1_38a-328-20. Connecticut FAIR Plan |
Sec.38a-328-16. Administration
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This program shall be administered by a governing committee (hereinafter referred to as the committee) of the FAIR Plan and operated by a manager appointed by the committee. The committee shall include ex-officio, the insurance commissioner or the commissioner's designee, one representative of each of the following groups and two members selected by the committee and approved by the commissioner:
American Insurance Association or its successor organization
Property Casualty Insurers Association of America or its successor organization
All other stock insurers
All other nonstock insurers
Professional Insurance Agents of Connecticut or its successor organization
Independent Insurance Agents of Connecticut or its successor organization
Not more than one insurer under the same management or ownership shall serve on the committee at the same time. The ex-officio member shall not vote on matters before this committee.
(Effective September 25, 1992; Amended August 31, 2006)