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Trust accounts
900034-00
FDIC coverage
I am concerned about the level of protection afforded by the Federal Deposit Insurance Corp., compared to the amount of premium monies I may have in the bank at any given time. Do my individual companies, to whom the premiums are due, each have separate limits of FDIC coverage? Does the bank have to have records showing the companies’ separate ownership of the premiums?
60162-00
Connecticut trust account requirements
What are the requirements for client premium trust accounts in Connecticut?