Latest Connecticut Headlines
All the headlines from our Connecticut Topic Page, ordered by recency.
Connecticut AG Sues Marsh, Ace Financial in Broker Commission Case
Jan 21 2005 // Connecticut Attorney General Richard Blumenthal on Friday sued insurance broker Marsh & McLennan Inc., and insurance provider ACE Financial Solutions Inc., for a scheme in which ACE reportedly paid Marsh a secret...
Conn. Approves ConnectiCare Takeover by HIP-NY
Jan 21 2005 // Connecticut Insurance Commissioner Susan Cogswell has approved the acquisition of ConnectiCare by Health Insurance Plan of Greater New York. The merger price is $350 million. Regulators in Massachusetts and New York must...
Groups Repeat Call for Conn. Department to Revisit Insurer’s 90% Med-Mal Rate Hike
Jan 11 2005 // Teaming up to challenge the near doubling of medical malpractice insurance premiums by GE Medical Protective, Connecticut Attorney General Richard Blumenthal, the Connecticut State Medical Society and the Connecticut Trial...
Conn. to Hold Med-Mal Rate Hearing Next Month
Jan 11 2005 // Connecticut Governor M. Jodi Rell has directed Insurance Commissioner Susan Cogswell to hold a public hearing on malpractice insurance rate increases, including one of nearly 90 percent, following requests from the...
Impact of Conn. Franchise Ruling May Not Be as Big on Insurance Agents as Claimed
Jan 10 2005 // A recent $2.3 million jury verdict for wrongful termination in favor of a former Nationwide Insurance contract agent from Connecticut is unlikely to have any effect on independent agents or their companies, according to...
Conn. Gov. Rell Vows to Tackle Med-Mal Reform
Jan 6 2005 // Connecticut Governor M. Jodi Rell indicated in her State of the State address that medical malpractice issue is on her agenda for the new year, her first full year in office. Rell delivered her first address before the...
Willis Adds Dominello, Foster to Conn. Office
Jan 4 2005 // Salvatore J. Dominello has joined Willis Group Holdings to strengthen the broker’s Connecticut office. Dominello, formerly with Palmer & Cay, has been given the position of senior vice president and sales leader...
Impact on Other Agents of Conn. Verdict Against Nationwide Doubted
Jan 3 2005 // A recent $2.3 million jury verdict for wrongful termination in favor of a former Nationwide Insurance contract agent from Connecticut is unlikely to have any effect on independent agents or their companies, according to...
Conn. Agency Admits to Illegal Contributions
Dec 28 2004 // A Wethersfield, Conn. insurance agency has pleaded guilty to making illegal campaign contributions to disgraced former Waterbury Mayor Philip Giordano, who is in prison for sexually abusing two girls. Five employees of...
The Hartford Latest Insurance Company to Hire Top Prosecutor to Deal with Blizzard of Subpoenas
Dec 22 2004 // The Hartford Financial Services Group has hired a top federal corruption prosecutor in Connecticut amid a wave of state investigations into the insurance industry. The Hartford, which has been subpoenaed by attorneys...
CIGNA TO REPAY CONN. COMMISSIONS:
Dec 20 2004 // Connecticut Attorney General Richard Blumenthal has reached a settlement with Cigna HealthCare regarding repayment of commissions paid in error in connection with the State of Connecticut Employee and Retiree Dental...
From Maine to Virginia … What Happened in 2004
Dec 20 2004 // Leaving aside the insurance brokerage compensation investigations, the World Trade Center trial, the St. Paul-Travelers merger and the UnumProvident settlement, all of which have their roots in this region but grew to...
Jury Backs $2.3 Million Award to Terminated Independent Agent; Nationwide to Challenge Verdict
Dec 17 2004 // An eight person jury in the United States District Court in Connecticut awarded $2.3 million in compensatory damages to an independent insurance agent in a decision expected to have serious ramifications on the...
Cigna to Repay State for Dental Plan Commissions
Dec 8 2004 // Connecticut Attorney General Richard Blumenthal has reached a settlement with Cigna HealthCare regarding repayment of commissions paid in error in connection with the State of Connecticut Employee and Retiree Dental...
Keeping Up with Insurance Brokerage Investigations
Dec 6 2004 // Recent Key Developments in Ongoing Probes of Marsh, Other Brokers and Insurers Marsh ‘Hopeful’ of Quick Settlement Marsh & McLennan has been in constant contact and cooperation with New York Attorney Eliot...
Maine, N.H., Vt. Rules May Spur Attorney Competition
Dec 3 2004 // For Conn. Agents, Concern Over Privacy in Disclosure The ongoing investigation of brokerage commissions and alleged bid-rigging that started in New York is being felt everywhere, nowhere more so than neighboring...
For Conn. Agents, Concern Over Privacy in Disclosure
Dec 3 2004 // The ongoing investigation of brokerage commissions and alleged bid-rigging that started in New York is being felt everywhere, nowhere more so than neighboring Connecticut. Despite an agenda that ranged from identity theft...
Conn. Chief Hears No Complaints of Rigged Bids; Defends Role in Balancing Industry, Consumer Needs
Nov 30 2004 // Despite charges of bid-rigging and conflicts of interest against the insurance industry, Connecticut Insurance Commissioner Susan F. Cogswell said she has not found corruption in Connecticut. Cogswell said she isn’t...
Conn. Accused of Laxity in Bail Bonds Oversight
Nov 28 2004 // A whistle-blower complaint has accused the Connecticut Department of Insurance of failing to adequately investigate and sanction bondsmen who illegally provide discounted bail bonds. State auditor Kevin P. Johnston said he...
Conn. AG Urges Tougher State Action, Offers Own Insurance Reforms in Testimony Before Senate Panel
Nov 16 2004 // Despite charging that too many state insurance regulators have become “industry captives,” Connecticut Attorney General Richard Blumenthal is rejecting calls for federal intervention in the regulation of...
