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Insurance

CT malpractice payments rise

Matt Pilon |

Fresh data from the Connecticut Insurance Department shows that insurers here paid out more money for medical malpractice claims in 2017, despite there being fewer claims closed.

Citing inappropriate behavior, Harvard Pilgrim CEO resigns suddenly

Matt Pilon |

Harvard Pilgrim President and CEO Eric Schultz resigned suddenly on Tuesday, citing “behavior inconsistent with my personal core values and the company's core values and code of conduct.”

XL Group acquired for $15.3B

Joe Cooper |

XL Group, which has a major presence in Hartford and Stamford, has agreed to be acquired by a French multinational insurance firm for $15.3 billion.

Report: CT insurers dominant in consolidating U.S. disability market

Joe Cooper |

Several insurance companies with headquarters or major operations in Connecticut notched some of the nation's highest short- and long-term disability insurance sales in 2017, according to a recent...

Gov. Malloy inks two health care bills

ERIC BEDNER | JOURNAL INQUIRER |

Gov. Dannel P. Malloy has signed two health care bills into law, including one that protects key provisions of the Affordable Care Act, but also warned lawmakers that he will have to find a way to...

Already deep in debt, Connecticut struggles with extremes of wealth and income

Keith M. Phaneuf | CT MIRROR |

Even within a nation racing dangerously toward unprecedented levels of income and wealth inequality, Connecticut stands apart.

CT regulator assesses The Hartford's $2.7B run-off sale

Matt Pilon |

A Connecticut Department of Insurance hearing officer overseeing the approximately $3 billion sale of The Hartford's run-off life and annuity business -- Talcott Resolution -- recommended Thursday...

CT worker's-comp assessment falls anew

Gregory Seay |

Connecticut's treasurer says her office's prudent oversight of a pool to compensate workers hurt on the job has resulted in a lower assessment that will save employers $102 million in fiscal 2019.

Dems predict 'eye-popping' health premium hikes, blame GOP

ANA RADELAT | CT MIRROR |

Sen. Chris Murphy on Tuesday helped launch a Democratic initiative that blames Republicans for “sabotaging” the Affordable Care Act, leading to sky-high health insurance premiums.

Prudential lands $3.6B in deals

Matt Pilon |

Prudential Retirement, a Hartford-based unit of insurance giant Prudential Financial, announced Wednesday that it has inked nearly $3.6 billion in retirement assets and reinsurance contracts.

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