Latest Connecticut Headlines
All the headlines from our Connecticut Topic Page, ordered by recency.
Conn.-based Research Firm MKM Partners Hires Insurance Analyst
Mar 28 2012 // MKM Partners, a research firm, appointed industry veteran Harry Fong as executive director in its equity research department to cover insurance companies. Fong is an experienced insurance analyst with strong corporate and...
Change to Connecticut Medical Malpractice Law in Dispute
Mar 26 2012 // State lawmakers are moving ahead with legislation they say will fix a problem with Connecticut’s medical malpractice law that has kept some legitimate lawsuits out of the courts, despite heavy opposition from the...
Conn. Regulators Advise Homeowners: ‘Be Prepared for Springtime Risks’
Mar 21 2012 // The Connecticut Insurance Department is advising homeowners to prepare their property against potential springtime weather risks, such as excessive rainfall and flooding. The state’s insurance commissioner Thomas...
Business Moves
Mar 19 2012 // Alleghany, Transatlantic Global specialty insurer Alleghany Corporation completed its previously announced acquisition of reinsurer Transatlantic Holdings. Both companies are headquartered in New York. With the...
Encharter Insurance Opens New Office in Connecticut
Mar 12 2012 // Encharter Insurance, an independent agency with several offices in Massachusetts and Connecticut, announced the opening of a new insurance office in Cheshire, Conn. The new Cheshire office is the fourth Connecticut...
Connecticut Urges Other States to Sue Credit Rating Agencies
Mar 8 2012 // Connecticut officials are encouraging other states to consider suing credit-rating agencies that gave high grades to risky mortgage-backed securities that plummeted in value when the housing market collapsed in...
Great American Insurance Appoints Divisional VP in Connecticut
Mar 8 2012 // Great American Insurance Group promoted Stephanie Hoboth to divisional vice president of its fidelity and crime division in Windsor, Conn. Stephanie Hoboth Hoboth began her career with the company in 1997 as an underwriter...
Conn. Seeks to Recapture Role as Insurance Capital
Mar 5 2012 // The city of Hartford, Conn., is trying to recapture its status as the nation’s insurance capital by drawing in a specialized insurance business that is finding a home elsewhere. Since the 18th century, Hartford —...
Report Raps Connecticut Utility Over Oct. Storm Response
Mar 5 2012 // A report commissioned by Northeast Utilities says subsidiary Connecticut Light & Power did not fully recognize the risks of the weather forecast about 36 hours before a destructive October snow storm and failed to...
Conn.-based S.H. Smith & Co. Appoints Account Manager
Mar 1 2012 // S.H. Smith & Co. Inc., a wholesaler and managing general agent based in Hartford, Conn., appointed Shauntelle Lake as account manager in the large commercial property, casualty and environmental department. As account...
Conn.-based Wholesaler S.H. Smith & Co. Announces Promotions
Feb 27 2012 // S.H. Smith & Co. Inc., a wholesaler and managing general agent headquartered in Hartford, Conn., announced three promotions. Jeanine Loomis has been promoted to vice president. Loomis works in the St. Paul, Minn.,...
Connecticut Seeks to Recapture Role as Insurance Capital
Feb 21 2012 // Hartford is trying to recapture its status as the nation’s insurance capital by drawing in a specialized insurance business that is finding a home elsewhere. Since the 18th century, Hartford — home to Aetna...
Preferred Concepts Hires R-T Specialty Exec in Hartford, Conn.
Feb 21 2012 // Preferred Concepts LLC, a national insurance program administrator and specialty broker, appointed Jay Sheehan as senior vice president of Preferred Advantage, the firm’s specialty brokerage division. Sheehan will be...
Connecticut Unveils ‘Insurance Checkup’ Campaign for Consumers
Feb 13 2012 // Consumers know what their premium costs every month, but not everyone really knows exactly what their homeowner or renter policy covers. To help consumers be well prepared before they have to make a claim, Connecticut...
Conn. Governor Proposes Boosting Storm Preparedness
Feb 10 2012 // Connecticut Gov. Dannel P. Malloy’s revised $20 billion budget funds several recommendations from a panel that examined the response to the remnants of Hurricane Irene and the freak October snow storm. The plan...
Declarations
Jan 23 2012 // A Lot to Be Proud of “We have a lot to be proud of as an industry in the way we performed in 2011. We weathered the financial storm that came together both in terms of the economy and the extraordinary loss...
Virginia, New Jersey Get High Marks in Building Code Report
Jan 23 2012 // The Insurance Institute for Business & Home Safety, an industry group, issued a new report this month that analyzes residential building codes in the 18 hurricane-prone coastal states along the Gulf of Mexico and the...
Officials Warn of Ash Dangers After Conn. Fire
Jan 23 2012 // Authorities are warning homeowners about the dangers of fireplace ashes after a fatal fire last Christmas that killed five people in Connecticut. Officials say the fire in Stamford was caused by a bag of fireplace ashes...
Connecticut Governor Seeks Storm Exercises, Utility Standards
Jan 13 2012 // Connecticut Gov. Dannel P. Malloy announced this week that he will propose legislation that could lead to new performance standards for all utilities and could penalize them with fines if they fall short in their response...
Connecticut Law Nixing Legitimate Malpractice Lawsuits
Jan 9 2012 // After losing a baby because of an incompetent cervix, Patricia Votre thought she was well prepared when she got pregnant again. She made arrangements with her doctors to consult with high-risk pregnancy experts from Yale...
