Connecticut News

Bruce Named Connecticut Underwriter of Year by NAIW Chapter

The Connecticut Chapter of the National Association of Insurance Women has named Cynthia Bruce, an underwriter at E&S broker S.H. Smith & Co., as its Connecticut professional underwriter of the year. Bruce specializes in underwriting workers’ compensation insurance for small …

Wyoming Leads Nation with Highest Motor Vehicle Fatality Rate

Wyoming has the unfortunate record of having the highest rates of motor vehicle fatalities per 100,000 people, with a rate of 24.6, according the U.S. Department of Transportation’s Fatality Analysis. According to the recent report, there were 30,797 fatal motor …

The Hartford to Invest $7M in Neighborhood Around Its Headquarters

The Hartford announced plans to invest $7 million over five years to help redevelop the Asylum Hill section of Hartford, Connecticut, headquarters to the insurer for nearly a century. That investment includes $2 million to help the city purchase and …

Rhode Island Launches Online Worker’s Comp Verification

Rhode Island is the latest New England state to launch an online system that lets businesses and consumers verify whether an organization has workers’ compensation insurance coverage. The verification site is a partnership with the National Council on Compensation Insurance …

Driver in Fatal Connecticut Crash Sues Victim’s Parents

A Connecticut driver who’s serving a manslaughter sentence for striking and killing a 14-year-old boy is suing the victim’s parents, blaming them for their son’s death because they allowed him to ride his bike in the street without a helmet. …

The Hanover Adds Specialized Classes to Healthcare Portfolio

The Hanover Insurance Group, Inc. has introduced specialized capabilities for three areas of the healthcare industry: durable medical equipment, diagnostic services and homecare services. The new capabilities will protect businesses with up to $15 million in annual revenues, representing nearly …

Outgoing Governor Appoints Interim Connecticut Commissioner

Gov. M. Jodi Rell has appointed an acting insurance commissioner, days before the state’s insurance department is scheduled to hear a request for rate increases from one of Connecticut’s major health insurers. Rell’s office confirmed that Barbara C. Spear, who …

People

Connecticut-based managing general agency Business Risk Partners has named Mark Bradway as director of broker relations. He has worked in specialty liability for over a decade. He began his career at wholesale broker Swett & Crawford in Los Angeles specializing …

Business Moves

Ohio Mutual, Casco Indemnity Ohio Mutual Insurance Group (OMIG) agreed to acquire N.E. Corp. and its wholly-owned subsidiary Casco Indemnity Co., a property and casualty insurer located in Saco, Maine. The transaction is expected to be completed by the end …

Republicans Gain Control in State Houses, Governor Offices

Republicans were not only victorious in the U.S. House but also in state houses across the country. The new GOP power will give the party its largest number of seats in state legislatures since the Great Depression, according to the …