Latest Connecticut Headlines
All the headlines from our Connecticut Topic Page, ordered by recency.
Q&A With Attorneys on Emerging Business Insurance Topics
Nov 13 2012 // As companies large and small grapple with losses in Sandy’s aftermath, a number of critical — and costly — business questions have emerged. Darlene Alt and Robert DiUbaldo, two experienced insurance...
Navigating Claims Process Can Be a Challenge for Homeowners
Nov 12 2012 // People looking to rebuild their lives after Superstorm Sandy destroyed and damaged their homes may now have another struggle on their hands: Navigating the often-frustrating claims process with their insurance...
Conn.-Based Gowrie Group Hires Commercial/Marine Insurance Producer
Nov 7 2012 // Gowrie Group, an independent insurance agency based in Westbrook, Conn., hired marine industry expert Dan Cooney as a commercial/marine insurance producer.Dan CooneyCooney will work with commercial entities, marine...
Conn. Regulators Weigh Workers’ Comp Rate Hike Proposal
Nov 5 2012 // 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. The comment period,...
Sandy Claims Continue to Pour In at Quick Pace
Nov 2 2012 // Insurers said Sandy-related claims have been pouring in at a rapid pace in the immediate days after the storm — and that as some sense of normalcy returns, many more claims are expected. The Progressive Corp. CEO...
Connecticut Seeks Premium Payment Grace Period for Storm Victims
Nov 1 2012 // 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...
No Hurricane Deductibles for Sandy Claims in New Jersey, Maryland
Oct 31 2012 // Hurricane deductibles will not be applicable for Sandy-related claims in New Jersey, the state where the superstorm made landfall late Monday. New Jersey Department of Banking and Insurance Acting Commissioner Ken...
Hurricane Deductibles Will Not Apply for Sandy-Related Claims in Conn.
Oct 31 2012 // 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...
How to Catch Texting Drivers? Conn., Mass. Get $550K Grant to Find Ways
Oct 24 2012 // 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...
Conn. Regulators Weigh Workers’ Comp Rate Hike Proposal
Oct 23 2012 // 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...
Conn. Workers’ Comp Second Most Expensive in Nation: Study
Oct 19 2012 // 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...
NCCI Recommends Conn. WC Loss Costs and Rates Increases
Oct 9 2012 // The National Council on Compensation Insurance recently filed a proposal for workers’ comp loss costs and rates increases in Connecticut. The NCCI is proposing that the Connecticut regulators approve a +7.1 percent...
N.J. Holds First Captive Insurance Summit
Oct 8 2012 // New Jersey regulators held their first captive insurance summit on Sept. 19 in Somerset, N.J. The event, hosted by the department of banking and insurance, attracted some 80 industry executives. Regulators took the...
Connecticut Insurance Department Names New Captive Manager
Oct 5 2012 // Connecticut Insurance Commissioner Thomas Leonardi today announced that John C. Thomson, a veteran risk management specialist, will manage the new captive insurance regulatory unit. Commissioner Leonardi said Thomson...
Heavy Rains Trap Connecticut Shoreline Residents in Cars, Homes
Oct 1 2012 // Quick, heavy rains have led to flash flooding along Connecticut’s shoreline, trapping some residents in their cars, homes and businesses. West Haven Center District Fire Chief James O’Brien tells the New Haven...
Conn. WCC Highlights Upgrades, Shortened Backlogs
Sep 24 2012 // Connecticut Workers’ Compensation Commission issued its annual report earlier this month. The Commission touted a number of accomplishments for the fiscal year 2012, including: providing more effective and efficient...
Connecticut Attracts Its Second Captive Insurer
Sep 17 2012 // Connecticut Governor Dannel Malloy announced last week that Stanley Black & Decker is moving its captive insurance subsidiary, SBD Insurance, Inc., from Vermont to Connecticut, establishing the state’s second...
Conn.-Based SPARTA Taps Former Everest Re Exec Jones as COO
Sep 12 2012 // Hartford, Conn.-based SPARTA Insurance Company has appointed Ralph E. Jones III as president and chief operating officer. Jones brings to SPARTA more than 30 years of experience in property/casualty underwriting. He has...
Conn.-Based Rocaton Investment Advisors Expands Its Insurance Division
Sep 11 2012 // Rocaton Investment Advisors, an investment advisory consulting firm based in Norwalk, Conn., has expanded its insurance team with the hiring of Michael Luft as a managing director. Luft is joining Rocaton after four years...
W. R. Berkley Names President of Facultative Resources in Connecticut
Sep 7 2012 // W. R. Berkley Corp. has appointed Joseph Sullivan as president of Facultative Resources Inc. He is based in Stamford, Connecticut. Facultative Resources is a broker market casualty, professional liability and property...