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Top U.S. Senator asks for insurance merger reviews

Joe Cooper |

The top Republican on the Senate Judiciary Committee this week urged the U.S. Justice Department to launch a “rigorous review” of the proposed mergers involving Connecticut insurers.

Windsor’s Vantis Life CEO Tedone retiring

Joe Cooper |

Windsor's Vantis Life Insurance Co. announced Wednesday CEO Peter Tedone will retire at year-end after serving in the post for 18 years.

Icahn abandons effort to kill Cigna's Express Scripts deal

CNNMoney |

Carl Icahn has given up on his attempt to sabotage Cigna's takeover of Express Scripts. The activist investor had called on other Cigna shareholders to vote against the $67 billion deal.

Blumenthal urges Wade to ban or restrict short-term health plans


U.S. Sen. Richard Blumenthal has called on Connecticut's insurance commissioner to ban or restrict short-term health insurance plans, as other states have.

Hartford nonprofit launches mobile pharmacy

Joe Cooper |

Hartford support nonprofit Community Renewal Team (CRT) says it has partnered with a New York-based pharmacy to provide a free mobile pharmacy service to people who are HIV positive.

Prudential, U.K. insurer ink $1.4B pension “de-risking” contract

Matt Pilon |

Prudential's retirement division, which is headquartered in downtown Hartford, said it has signed a reinsurance deal under which it will assume nearly $1.4 billion in longevity risk for pension...

Travelers CFO Benet to step down

Joe Cooper |

Travelers Chief Financial Officer Jay S.Benet will step down next month after about 16 years in the position, the property and casualty insurer said.

Aetna’s 2Q net slightly higher on tax relief, lower benefit costs

Joe Cooper |

Hartford health insurer Aetna on Thursday reported a slight uptick in second-quarter earnings helped by lower taxes and lower benefit expenses.

Insurer taps New Haven diabetes exercise tech

Matt Pilon |

Harvard Pilgrim, which sells group health insurance in Connecticut, said it has arranged to use a New Haven medtech's exercise app designed to help diabetes patients lose weight and lower their blood...

Bond commission to seed crumbling foundation fund

Matt Pilon |

A major infusion of money to assist Connecticut homeowners who have fallen victim to a rash of crumbling foundations in the state could be approved Wednesday.

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