Connecticut insurance department News

Connecticut Reminds Insurers to Avoid Discriminatory Practices with Big Data

Connecticut Insurance Department (CID) Commissioner Andrew N. Mais issued a formal notice to insurers licensed by the department that their use of technology and big data must be in full compliance with federal and state anti-discrimination laws. The notice, issued …

Conn. Offers Coverage Guidance Due to Power Outages After Tropical Storm Isaias

In the aftermath of Tropical Storm Isaias, Connecticut Governor Ned Lamont and Insurance Commissioner Andrew N. Mais are reminding policyholders to review their homeowners insurance policies to understand their coverage for property damage due to loss of power as the …

Connecticut Reminds Businesses to Verify Insurance Coverage During Reopening

Connecticut Insurance Commissioner Andrew N. Mais and Economic Development Commissioner David Lehman are reminding businesses to make sure their insurance coverage accurately reflects any changed circumstances as they move to comply with Governor Ned Lamont’s reopening guidelines. “The pandemic has …

Connecticut Calls on Auto Insurers to Extend Coverage to Personal Delivery Drivers

Connecticut Insurance Department Commissioner Andrew N. Mais has called on insurers to immediately institute an extension of coverage for personal delivery drivers in light of the disruption caused by the COVID-19 pandemic. “The emergency social distancing and closing of restaurants …

Insurance Commissioner Confers with Connecticut Congressional Delegation

Connecticut Insurance Commissioner Andrew N. Mais joined more than 40 of his colleagues from the National Association of Insurance Commissioners (NAIC) last week to highlight important issues for members of U.S. Congress. Some of the topics raised were federal reforms …

Connecticut Insurance Department Recoups Nearly $8M

The Connecticut Insurance Department says it recovered nearly $8 million for policyholders and taxpayers in 2018 by helping individuals, families and employers with their claims and complaints. Acting Commissioner Paul Lombardo says the agency’s consumer affairs staff each year helps …

Connecticut Insurance Commissioner Wade to Step Down

Connecticut Insurance Department Commissioner Katharine Wade plans to step down from her position on December 19, 2018. Connecticut’s incoming Governor-elect Ned Lamont, who is set to take office on January 9, will appoint a new commissioner. Connecticut Insurance Department Life …

Connecticut Insurance Department Partnering with RiskGenius in Tech Pilot Program

The Connecticut Insurance Department is one of nine state insurance regulators participating in a pilot program to test a web-based platform that uses machine learning. The pilot states are partnering with RiskGenius, a Kansas-based tech company that has developed software …

Connecticut Approves 17% Workers’ Comp Rate Cut for 2019

The Connecticut Insurance Department has approved a nearly 17 percent decrease in rates for workers’ compensation insurance, marking the fifth consecutive year that rates have dropped in Connecticut. “This steady drop – nearly 50 percent over the last five years …

CVS Pledges Aetna Will Remain in Hartford for at Least 10 Years

Connecticut officials have received official assurances that CVS Health Corp. will keep Aetna Inc. in Hartford for at least the next decade. The pledge is included in a commitment letter CVS delivered Wednesday to the Connecticut Insurance Department. CVS had …