Connecticut is Taking Serious Steps to Evaluate and Improve its Insurance Industry Workforce

Locke Lord LLP

Earlier this month Connecticut Governor Malloy signed Senate Bill No. 198 into law. SB 198 establishes a task force, made up of twelve members, to study and develop strategies to develop, expand and improve the insurance industry workforce in the state of Connecticut. The study shall include, but not be limited to:

(1) an evaluation and analysis of the status of the insurance industry workforce in Connecticut,

(2) the employment needs of the insurance industry in Connecticut, and

(3) methods of developing, expanding and improving the insurance industry workforce in Connecticut.

The findings of the committee are due to the General Assembly no later than January 1, 2019, at which point the task force will terminate.

Both the house and the senate unanimously approved this bill. This bill was further supported by the CT Association of Health Plans and the Insurance Association of CT. Eric George, the Insurance Association of CT’s President, expressed that “this bill will help lawmakers understand ways that they can provide an improved business environment for Connecticut, where insurers can bolster their workforce as they compete for business across the country and further contribute to Connecticut’s economy.”

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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