If, in the opinion of the commissioner, any insurance company, fraternal benefit society, health care center or residual market mechanism is doing business in an illegal or improper manner or is failing to adjust and pay losses and obligations when they become due, except claims to which, in the judgment of the commissioner there is a substantial defense, the commissioner may order it to discontinue such illegal or improper method of doing business and may order it to adjust and pay its losses and obligations as they become due.
(1949 Rev., S. 6031; P.A. 92-60 S. 1; P.A. 09-74, S. 8.)
History: Sec. 38-8 transferred to Sec. 38a-17 in 1991; P.A. 92-60 applied provisions of section to fraternal benefit societies, health care centers and residual market mechanisms; P.A. 09-74 made technical changes, effective May 27, 2009.
Annotation to former section 38-8:
Commissioner may inquire into reasons why company denies liability on policy. 86 C. 556.
Structure Connecticut General Statutes
Chapter 697 - General Provisions
Section 38a-1. (Formerly Sec. 38-1). - Definitions.
Section 38a-2. (Formerly Sec. 38-2). - General penalty.
Section 38a-7. (Formerly Sec. 38-3). - Appointment of commissioner.
Section 38a-8a. - Regulations on security and privacy standards.
Section 38a-8b. - Stop loss policies. Sale in this state. Regulations.
Section 38a-10. (Formerly Sec. 38-4c). - Regulations on arbitration procedure.
Section 38a-10a. - Mediation program. Regulations.
Section 38a-11. (Formerly Sec. 38-50). - Fees to be paid commissioner.
Section 38a-12. (Formerly Sec. 38-5). - Annual report to Governor.
Section 38a-13. (Formerly Sec. 38-13). - Annual report to state names of companies.
Section 38a-14a. - Examination of the financial condition of insurance companies.
Section 38a-15. - Market conduct examinations. Costs.
Section 38a-18. (Formerly Sec. 38-9). - Application by commissioner to act as receiver.
Section 38a-19. (Formerly Sec. 38-349). - Hearings on orders of commissioner. Appeals.
Section 38a-20. (Formerly Sec. 38-17). - Emergency regulations.
Section 38a-22. - Electronic filing and submission.
Section 38a-23. - Biannual report by commissioner re climate-related risks and climate change.
Section 38a-25. (Formerly Sec. 38-23). - Insurance Commissioner as agent for service of process.
Section 38a-26. - Procedure for service of process.
Section 38a-37. - Interstate Insurance Product Regulation Compact.