Connecticut News

Republicans Gain Control in State Houses

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

Worker Killed by Concrete Slab Collapse in Connecticut

A town official in Greenwich, Connecticut says a man has died after a concrete slab collapsed on him, killing him instantly as he worked in a trench. Medics and police and fire officials responded at about 3 p.m. Monday to …

Connecticut Insurance Commissioner Resigns

Connecticut Insurance Commissioner Thomas Sullivan has resigned from his position as the Nutmeg State’s top insurance regulator. Sullivan, a former executive at The Hartford, was appointed commissioner in 2007 by outgoing Gov. M. Jodi Rell, a Republican. His last day …

State Auto Reports Drop in Income, Higher Combined Ratio in Q3

State Auto Financial Corp., headquartered in Columbus, Ohio, reported third quarter 2010 net income of $0.2 million, or $0.00 per diluted share, versus net income of $13.0 million, or $0.33 per diluted share, for the third quarter of 2009. Net …

Ohio Mutual Insurance to Acquire New England’s Casco Indemnity

Ohio Mutual Insurance Group (OMIG) has reached an agreement 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 of …

People

Massachusetts-based Eastern Insurance Group has appointed Matthew Shadrick as executive vice president of its employee benefits division, Eastern Benefits Group. The 20-year industry veteran most recently served as national sales director for the Aon Consulting Human Capital Practice where he …

It Figures

$175,000 Fine paid to the state of Connecticut by Ohio-based American Modern Home Insurance Co. for agent-licensing violations. A recent market conduct examination by regulators found that American Home had 75 agents who were not appointed and 11 individual agents …

Business Moves

Hub, Burnham & Co. Chicago-based broker Hub International has acquired Burnham and Company Inc., of New Jersey. Terms of the deal were not disclosed. Burnham, based in Englewood Cliffs, has approximately $4 million in annual revenue. It will become part …

Connecticut Man Blames Fatal Crash on Dog

A 22-year-old Connecticut man accused of causing a car crash in April that took the life of a 70-year-old man is blaming the accident on his dog. Police say Brian Taplinger turned himself in last month and was later released …

Election Will Mean New Faces in State Insurance Commissioner Jobs

Tuesday’s elections could have ramifications for a number of state insurance commissioner posts across the country. Nationwide, 11 commissioners are directly elected but there are only four such elections tomorrow; the rest of commissioners are appointed, most by governors or …