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Insurance

Insurance Dept. on target with insurance network adequacy review

With consumer protection as our primary mission, the Connecticut Insurance Department (CID) takes very seriously its regulation of the industry to ensure carriers comply with state laws and...

Capital City's towering imprint drives its economic curator

Gregory Seay |

Sean M. Fitzpatrick, the city of Hartford director responsible for seeking out and maximizing its best economic opportunities, is never far from reminders of the importance of his role — and...

Avon insurance broker Bakker Agency acquired by Mass. firm

Patricia Daddona |

Avon insurance broker Peter M. Bakker Agency Inc. has been bought by Renaissance Alliance Insurance Services, an independent insurance agency in Wellesley, Mass.

New Haven tech startup raises $1.5M for patient billing software

John Stearns |

New Haven-based Inbox Health, a startup focused on patient billing and payments, has raised $1.5 million to help accelerate its sales and marketing efforts, and expand its research and development...

CT bill would limit changes to health plans' drug coverage

John Stearns |

Two Connecticut legislators have introduced a bill that would guarantee individuals receive the prescription drug coverage they signed up for by limiting when insurer policies can change prescription...

Bioscience sector eyes 'biobank' collaboration

Matt Pilon |

Connecticut has committed roughly $500 million to bioscience under Gov. Dannel P. Malloy, incentivizing Jackson Lab to come to Farmington and setting up a $200 million research fund that has...

Democrat Malloy plays the role of conservative governor

Gov. Dannel P. Malloy, Connecticut's leading Democrat, is sounding more like a Republican these days.

Proposal aims to crack down on state incentive deals

Matt Pilon |

As Connecticut braces for what could be the loss of another corporate headquarters to Boston, one lawmaker has dredged up an idea, last attempted 25 years ago, to create a multi-state compact barring...

CT expands scrutiny of health plans

Matt Pilon |

Connecticut is taking a significant step to improve transparency of insurers' medical provider networks, a move doctors and regulators say is necessary as consumers face more complexities in where...

The Hartford's 4Q profits sink on past environmental exposures

Patricia Daddona |

The Hartford on Thursday said it reported an $81 million loss in the fourth quarter, attributed largely to past reinsurance environmental liability exposures.

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