On March 5th, 2025, a blog was published as a legislative alert on Senate Bill 10. Below is an update from Diversified Group as of March 13th, 2025.
Diversified Group wanted to provide the latest developments regarding the ongoing discussions in the Connecticut Insurance and Real Estate Committee. The committee has been meeting to vote on various bills, and SB 10 has been a focal point of their discussions. Both Democrats and Republicans have raised concerns regarding the stop loss language in the bill.
We are pleased to inform you that the Senate Chair of the committee recently proposed an amendment to strike section 10, which includes the stop loss language, and that amendment has passed. As a result, the stop loss language is no longer part of SB 10.
A big thank you to everyone who wrote in to voice their concerns against SB 10. Your efforts played a crucial role in making this outcome possible, and we are grateful for your support.
We would also like to extend a special thank you to Diversified’s President, Brooks Goodison, and everyone else who testified in front of the committee against SB 10. Your advocacy and dedication were instrumental in this success.
We will continue to monitor any developments and keep you informed of any further changes. Please feel free to reach out if you have any questions or need additional information.
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