Connecticut Governor Dannel Malloy News

Specter of Corporate Exodus Leaves Connecticut Budget in Crisis

Thirty years ago, so many companies flocked to Connecticut that Stamford, a waterfront enclave of about 100,000 residents, became the third-largest center of corporate headquarters in the U.S., behind only New York City and Chicago. Now businesses are lining up …

Federal Officials Study Connecticut Crumbling Foundations

Federal officials have visited Connecticut to study the mineral blamed for causing foundations to crumble in thousands of homes. WVIT-TV reports officials with the Federal Emergency Management Agency and the U.S. Army Corps of Engineers finished a two-day visit to …

In America’s Richest State, the Capital Flirts with Bankruptcy

The hedge-fund enclave of Greenwich, on the Connecticut Gold Coast, is about 100 miles and a world away from the state capital. But the fiscal crisis in Hartford, the historic center of the American insurance industry, is fast becoming more …

Connecticut Insurers: Homes Must Fall Down to be Eligible for Coverage

Connecticut residents whose home foundations are crumbling are facing a perplexing problem with their insurance policies: The damage won’t be covered unless their homes collapse. More than two dozen insurance companies being sued in federal court by 40 homeowners recently …

Aetna Settles on New York for New Headquarters in 2018

Aetna Inc., the third-largest U.S. health insurer, will move its corporate headquarters to New York City next year, making it the latest company to leave Connecticut as the state raises taxes and deals with a budget deficit. New York will …

Connecticut Offers Incentives in Bid to Keep Aetna

The state of Connecticut, once known as the insurance capital of the world, has been trying to woo health insurer Aetna with incentives to stay in the state, Governor Dannel Malloy said on Wednesday. His remarks came in response to …