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House of Representatives
HB5371 / File No. 145 1
General Assembly File No. 145
February Session, 2026 House Bill No. 5371
House of Representatives, March 24, 2026
The Committee on Insurance and Real Estate reported through
REP. WOOD of the 29th Dist., Chairperson of the Committee on
the part of the House, that the bill ought to pass.
AN ACT CONCERNING INSURANCE REGULATION IN THE STATE.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
Section 1. ( Effective from passage ) The Insurance Commissioner shall 1
conduct a study concerning insurance regulation in the state. Not later 2
than January 1, 2027 , the commissioner shall submit a report, in 3
accordance with the provisions of section 11 -4a of the general statutes, 4
concerning the results of such study to the joint standing committee of 5
the General Assembly having cognizance of matters relating to 6
insurance. 7
This act shall take effect as follows and shall amend the following
sections:
Section 1 from passage New section
INS Joint Favorable
HB5371 File No. 145
HB5371 / File No. 145 2
The following Fiscal Impact Statement and Bill Analysis are prepared for the benefit of the members of
the General Assembly, solely for purposes of information, summarization and explanation and do not
represent the intent of the General Assembly or either chamber thereof for any purpose. In general,
fiscal impacts are based upon a variety of informational sources, including the analyst’s professional
knowledge. Whenever applicable, agency data is consulted as part of the analysis, however final
products do not necessarily reflect an assessment from any specific department.
OFA Fiscal Note
State Impact: None
Municipal Impact: None
Explanation
The bill requires the Insurance Department to conduct a study
concerning insurance regulation in the state and results in no impact as
the department has the expertise to meet the requirements of the bill.
HB5371 File No. 145
HB5371 / File No. 145 3
OLR Bill Analysis
HB 5371
AN ACT CONCERNING INSURANCE REGULATION IN THE STATE.
SUMMARY
The Office of Legislative Research does not analyze Special Acts.
COMMITTEE ACTION
Insurance and Real Estate Committee
Joint Favorable
Yea 11 Nay 2 (03/12/2026)