Auditors: CT’s insurance regulator lacks disaster plan

If catastrophe strikes the state Department of Insurance, the agency is not exactly prepared to weather the disaster at this time, The Waterbury Republican-American reports.

The department continues to lack an adequate recovery plan to enable its staff to resume operations as quickly as possible after a catastrophic event disrupts business, Rep-Am.com reports, citing a new audit of the agency.

In a response, agency officials say they are taking steps to enhance the department’s readiness.

The legislature’s Auditors of Public Accounts say a lack of oversight appears to have contributed to this shortcoming. A new audit of the department warns the lack of a comprehensive recovery plan hampers its ability to resume critical operations in a timely fashion.

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The report reviewed the agency’s operations for the 2010 and 2011 fiscal years. It was released Wednesday.

However, the legislature’s auditors made the same finding and recommendation in a report last year on the department’s operations for the preceding two fiscal years. In that report, the auditors said they were unable to determine why the department lacked a disaster recovery plan.

In response, the department said the agency had developed a plan several years earlier, but acknowledged it was deficient in some respects. It said then that it was taking steps to address those deficiencies.