Connecticut lawmakers are considering imposing a surcharge on insurers’ premiums from the fossil fuel industry. The proposal (SB-1115) calls for a tax of 5% of any premiums any insurer licensed in the state receives from fossil fuel companies annually. The …
Connecticut Governor Dannel P. Malloy says his two-year state budget proposal will reduce taxes for Connecticut’s insurance industry. The Democrat said Monday he wants to lower the tax rate that insurers pay on premiums from 1.75 percent to 1.5 percent. …
In the mid- to late-1950s, Connecticut General Life Insurance Co. shook the foundation of the venerable insurance industry in the city of Hartford, Connecticut, when it built a suburban office complex in Bloomfield — becoming the first insurer to move …
Some of Connecticut’s insurers would pick up the tab for breast and cervical cancer detection, AIDS services and venereal disease control under Gov. Dannel P. Malloy’s proposed two-year, approximately $40 billion state budget. The Democrat’s plan, which is being considered …
