Some property insurance policies have included depreciation of labor and other nontangible items in their definition of actual cash value.

Both private passenger auto and commercial auto rates have been approved.

As codified in CT statutes.

The first reporting deadline is Wednesday, June 26, 2024.

Issued to three companies.

It provides insurance protections for affected consumers.

It will affect nonrenewal rules in personal auto policies.

Effective July 30, 2024.