Connecticut News

Connecticut, UK Sign ‘Insurtech Corridor’ Partnership

On March 10, 2022, the UK Government announced a formal agreement with Connecticut Insurance & Financial Services (CT IFS), the MetroHartford Alliance (MHA), the Connecticut Insurance Department, and Insurtech UK to launch a new “Insurtech Corridor.” The signing took place …

IBHS Chief Wright Urges Congress to Consider Tax Credits for Climate Resilience

Roy E. Wright, CEO and president of the Insurance Institute for Business & Home Safety, wants Congress to consider financing resilience. The IBHS chief testified during a recent appearance before the House Ways and Means Committee that severe weather events …

Maritime Program Group Bolsters Their Recreational Marine Division with Three New Hires

Westbrook, CT, August 13, 2015- Maritime Program announces three new hires to their recreational marine division; naming Roger Carbonier as a Vice President and Director of Recreational Marine, Michael Luu as Commercial Marine Underwriter and Maria Lawrence as West Coast …

Worldwide Facilities, Inc. Opens New Office in Hartford, CT

Hartford, CT, June 16, 2015 – Worldwide Facilities, Inc., a nationwide leader in the wholesale insurance industry, is proud to announce the opening of its new office location in Connecticut. This new location will help the company expand its services …

Arbella Expands Carpartment Insurance to Connecticut

The Arbella Insurance Group has expanded Carpartment insurance to Connecticut, via Bearingstar Insurance agents. Designed to help make renter’s insurance policies simpler and more affordable, Carpartment offers discounts to tenants who insure their cars with Arbella. According to Jim Hyatt, …

Minnesota Participating in Insurance Climate Change Survey

Minnesota has joined California, New York, Connecticut and Washington state in requiring insurers to respond to the Climate Risk Survey adopted in 2009 by the National Association of Insurance Commissioners (NAIC). Department of Commerce Commissioner Mike Rothman said his agency …

Tyco: No Proof Eli Lilly Thieves Used Security Report

A security company being sued over the 2010 theft of $60 million worth of pharmaceuticals from a warehouse in Connecticut owned by Indianapolis, Ind.-based Eli Lilly and Co. insists there is no proof the thieves used a report it prepared …

Lawsuit Says Eli Lilly Warehouse Thieves Had Security Report

A federal lawsuit alleges that thieves who broke into a warehouse owned by Indianapolis, Ind.-based Eli Lilly and Co. warehouse years ago and stole more than $60 million worth of drugs obtained a copy of a report that revealed weaknesses …

Conn. Regulators Recovered $2.3M for Policyholders, Taxpayers in Q3

Connecticut Insurance Commissioner Thomas Leonardi announced this week that the Connecticut Insurance Department recovered approximately $2.3 million for policyholders and state taxpayers in the third quarter of 2012. The Department’s Consumer Affairs Unit (CAU) fielded more than 1,500 complaints and …

Conn. Gov.: State’s Damage From Superstorm Sandy $360M and Climbing

Connecticut Gov. Dannel P. Malloy says the cost of damage to Connecticut businesses and homes by Superstorm Sandy is more than $360 million and climbing. Malloy tells the Connecticut Post that the sum includes damage in all eight counties and …