Connecticut General Statutes 38a-708 – Company to furnish facts relative to termination of agent’s appointment. False statement sole grounds for cause of action by agent
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Upon the request of the Insurance Commissioner, any insurance company shall furnish to the Insurance Department the facts relative to the termination of an agent’s appointment and the causes thereof. No agent shall have a cause of action against any insurance company as a result of such company’s having furnished to said department pursuant to this section any statement, oral or written, unless such statement is false and was known by such company to be false when made.
Terms Used In Connecticut General Statutes 38a-708
- Commissioner: means the Insurance Commissioner. See Connecticut General Statutes 38a-702a
- Insurance: means any of the lines of authority contained in this title. See Connecticut General Statutes 38a-702a
- insurance company: includes any person or combination of persons doing any kind or form of insurance business other than a fraternal benefit society, and shall include a receiver of any insurer when the context reasonably permits. See Connecticut General Statutes 38a-1