A security company being sued over the 2010 theft of $60 million worth of pharmaceuticals from a warehouse in Connecticut owned by Indianapolis, Ind.-based Eli Lilly and Co. insists there is no proof the thieves used a report it prepared …
A federal lawsuit alleges that thieves who broke into a warehouse owned by Indianapolis, Ind.-based Eli Lilly and Co. warehouse years ago and stole more than $60 million worth of drugs obtained a copy of a report that revealed weaknesses …
Connecticut Insurance Commissioner Thomas Leonardi announced this week that the Connecticut Insurance Department recovered approximately $2.3 million for policyholders and state taxpayers in the third quarter of 2012. The Department’s Consumer Affairs Unit (CAU) fielded more than 1,500 complaints and …
Connecticut Gov. Dannel P. Malloy says the cost of damage to Connecticut businesses and homes by Superstorm Sandy is more than $360 million and climbing. Malloy tells the Connecticut Post that the sum includes damage in all eight counties and …
The Connecticut insurance sector plays a vital role in the global insurance landscape and the state’s economy — and the state is well-positioned to remain as the U.S. insurance capital, a new report said. Connecticut ranks first nationally in insurance …
The Connecticut Insurance Department issued a bulletin encouraging insurers to provide “an extended grace period” with regard to premium payments for residences affected by storm Sandy. “Connecticut Insurance Department encourages insurers to use all available means to provide prompt and …
The Connecticut insurance department issued a notice to the insurance industry Tuesday, alerting the industry that companies may not impose a hurricane deductible on Connecticut claims related to superstorm Sandy. “Please be advised based on information received from the National …
The National Highway Traffic Safety Administration (NHTSA), part of the U.S. Transportation Department, said this month it is providing $550,000 to Connecticut and Massachusetts to help them devise anti-texting enforcement techniques and programs. Each state will receive $275,000 to develop …
Connecticut Insurance Commissioner Thomas Leonardi announced a 30-day public comment period on the National Council On Compensation Insurance (NCCI) voluntary loss cost and assigned risk rate filing. NCCI is proposing that the insurance department approve a +7.1 percent change to …
Connecticut employers in the volunteer market pay, on average, the second-highest workers’ compensation premium rates in the country, according to a recent study. Connecticut’s premium rate index, according to the study, is $2.99 per $100 of payroll, or 159 percent …
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