{"data":{"id":"us-ct/conn.-gen.-stat.-38a-406","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 38a-406","heading":"Single risk limitation.","body":"(a) The net retained liability of a title insurer for a single risk on property located in this state, whether assumed directly or as reinsurance, may not exceed fifty per cent of the sum of its total surplus to policyholders and reserve, less the value assigned to title plants, as shown in the most recent annual statement of the insurer on file in the office of the commissioner.\n(b) The commissioner may waive the limitation of this section for a particular risk upon application of the insurer and for good cause shown.","path":["TITLE 38a. INSURANCE","CHAPTER 700a. TITLE INSURANCE"],"source_url":"https://www.cga.ct.gov/current/pub/chap_700a.htm#sec_38a-406","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:12Z","sha256":"92807591bf5269f70dbcadbd09c71f86772e2a28a5bb712e34423663b678d38e","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-38a-405","next":"us-ct/conn.-gen.-stat.-38a-407"},"notice":"GroundRules: Original legal text. Not legal advice."}