Apr 28, 2016

PIACT offers guidance on Connecticut's Certificates of Insurance Law

Connecticut's Certificates of Insurance Law, Public Act 14-74, prohibits certain requests, which create inaccurate or misleading certificates of insurance. These requests have become prevalent. A certificate of insurance is defined as "a document or instrument that is prepared or issued by an insurer or insurance producer as evidence of personal risk insurance or commercial risk insurance."

Specifically, the law prohibits any person from:

1. preparing, delivering or issuing for delivery a certificate of insurance that contains any information about the coverage provided by the referenced policy that is false or misleading;
2. preparing the alteration or amendment of a certificate of insurance, delivering or issuing for delivery a new certificate, unless that new certificate, alteration or amendment is accurate in its statement of the provisions of the referenced policy; or
3. representing that either a certificate of insurance grants new or additional rights to any person beyond those provided in the referenced policy or amending a certificate if that amendment alters, extends or amends the coverage provided by the referenced policy.

PIACT has developed materials to educate association members and their clients about the new legislation. Some of these materials include:

• a comprehensive FAQ to answer some of the commonly asked questions;
• an easy-to-use online portal to report potential violations to PIACT;
• an in-depth tool kit, Certificates Info Central, which is a one-stop shop for everything relating to certificates, including resource documents and previously answered questions by PIA's technical staff; and
• access to consumer content to help educate your clients about these new changes.

Don’t miss PIACT’s Connecticut Certificates of Insurance Webinar

PIACT will present a one-hour Webinar Thursday, May 12, 2016, from 10-11 a.m. Led by PIACT Government Affairs Counsel Sarah Coli, JD, this course will cover the intricacies of Connecticut’s Certificate of Insurance Law and what it means for you and your clients. For more information or to register, click here.