How long does my health insurer have to pay my claims? Does my homeowner’s insurance cover damage from the ice dams this winter? Am I eligible for discounts on my auto insurance premium?
The answers to these questions and more are featured in the Insurance Department’s new monthly newsletter, “Insurance Matters,” a free online resource designed to help inform and educate Connecticut consumers about all things insurance.
“The Department is pleased to offer this new and helpful resource to the citizens of Connecticut. Each new issue will feature timely topics and tips,” Commissioner Katharine L. Wade said. “We know having the proper coverage for your property and your family and understanding that coverage is very important. The “Insurance Matters” newsletter is one more resource the Department offers as part of our mission of consumer protection, outreach and education.”
“One of the best things state government can do is to help our citizens each and every day become well-informed consumers for the critical decisions they make regarding their home, health and future,” Governor Dannel P. Malloy said. “I commend Commissioner Wade and her staff for their commitment to outreach.”
The newsletter will also dip into the “vault” this year as the Department marks the 150th year of insurance regulation in Connecticut. The General Assembly created the Office of the Insurance Commissioner in 1865.
“Insurance Matters” will be published monthly and will be posted on the Department Web site. Consumers can also subscribe by signing up for Department e-alerts.
About the Connecticut Insurance Department
The mission of the Connecticut Insurance Department is to protect consumers through regulation of the industry, outreach, education and advocacy. The Department recovers an average of $4 million yearly on behalf of consumers and regulates the industry by ensuring carriers adhere to state insurance laws and regulations and are financially solvent to pay claims. The Department’s annual budget is funded through assessments from the insurance industry. Each year, the Department returns an average of $100 million a year to the state General Fund in license fees, premium taxes, fines and other revenue sources to support various state programs, including childhood immunization.
For help with all your insurance issues:
• Ask a question or file a complaint online
• Call the Consumer Helpline at 800-203-3447 or 860-297-3900.
• Sign up for e-alerts to get the latest news, warnings and rate changes that may affect your premium
• Download consumer FAQs on health, homeowner and auto coverage
• Use the Department’s Speakers Bureau for public events.
• Visit our Web site and follow the Department on Facebook, Twitter or YouTube
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