Connecticut Department of Insurance News

Travelers Establishes Program to Help with Connecticut Crumbling Foundations

The Travelers Companies Inc. has established the Travelers Benefit Program, a $5 million fund to assist customers in repairing homes with crumbling foundations in northeast Connecticut. The matter stems from concrete contaminated by the mineral pyrrhotite, which can cause foundations …

Connecticut Reminds Policyholders to Be Prepared This Storm Season

Connecticut Insurance Commissioner Katharine L. Wade is reminding policyholders to review their homeowners insurance and understand their coverage as the 2017 Atlantic tropical storm season heads into its busiest time. The storm season traditionally runs from June 1 through November …

Connecticut’s 2017 Health Insurance Rates Expected to Rise

Tens of thousands of Connecticut health insurance consumers will still see double-digit increases in their 2017 rates, even though the state’s Department of Insurance has denied some rate requests filed by health insurers while reducing others. The agency said Friday …

Connecticut Reviewing Health Insurers’ Rate Hike Requests

Connecticut’s Department of Insurance is reviewing rate increase requests filed by 14 health insurance companies that range on average from 2.1 percent to 32 percent. The private plans, offered on and off the state’s health insurance exchange, provide coverage to …

Connecticut Insurance Dept. to Play Key Role in Proposed Anthem/Cigna Merger

Connecticut’s Department of Insurance is playing a major role in a deal that could create the nation’s largest health insurer, leading a 26-state review of Anthem Inc.’s proposed merger with Bloomfield, Connecticut-based Cigna. Since Cigna is based in Connecticut, state …