How often must insurers in Connecticut file financial statements?

Insurers in Connecticut are required to file financial statements annually. This requirement is established by state regulations which are designed to ensure that insurers maintain transparency regarding their financial health and operations. Annual filings typically include comprehensive reports detailing the insurer's assets, liabilities, income, and various aspects of their financial activities over the previous year.

Filing annually allows regulators and the public to assess an insurer's fiscal stability and ensures compliance with the regulatory frameworks that govern the insurance industry. While other reporting periods, like quarterly or monthly, might be relevant in different contexts or for specific financial entities, the general requirement for insurers to file comprehensive financial statements in Connecticut is set on an annual basis to provide a clear overview of their overall financial position.