Connecticut News

Injured Connecticut Gymnast Gets $625K

A former high school gymnast from Milford whose feet were severely injured when plywood boards fell on them as she set up a temporary floor for practice has settled with the school department for $625,000. Kaylee Ritchie was 14 when …

Nielsen Joins S.H. Smith

Connecticut-based E&S broker S.H. Smith & Co. has named Todd Nielsen vice president of its professional and management liability department and head of the firm’s new Rhode Island office. Nielsen will focus on coverage for financial institutions, specifically banks, insurance …

Texas Workers’ Comp Sept. Enforcements Bring Nearly $268K in Fines

The Texas Department of Insurance Division of Workers’ Compensation in September issued nearly $268,000 in fines in disciplinary actions. The orders issued by Commissioner of Workers’ Compensation Rod Bordelon are subject to appeal to state district court within 30 days …

Cincinnati Insurance Co. Enters Connecticut

The Cincinnati Insurance Co., the lead property/casualty subsidiary of Cincinnati Financial Corp., will begin writing business in Connecticut through Rose & Kiernan Inc., an independent insurance agency serving Danbury, Conn. The agency is a branch of Rose & Kiernan Inc. …

Ex-AIG Executive Indicted in New York Horse Farm Fraud

A former Deutsche Bank AG and American International Group Inc. managing director and her husband have been indicted for fraud for allegedly conspiring to illegally extract money from those companies to help run their upstate New York horse farm. According …

Renaissance Alliance Insurance Services Marks 10 Years

New England’s Renaissance Alliance Insurance Services, a network of specialty services for independent insurance agencies, marked its 10-year anniversary this month. The coalition of independent insurance agencies now encompasses 85 agency members with a combined total of more than 100 …

Connecticut Fines American Modern Home for Licensing Violations

Connecticut Insurance Commissioner Thomas R. Sullivan has fined American Modern Home Insurance Co., headquartered in Ohio, $170,000 for violations to state law. Connecticut state law requires individuals sellingl insurance products within the state to be licensed. In addition to licensure, …

Insurance Industry Volunteer Week Underway in Tri-State Region

A weeklong insurance community involvement campaign kicked off over the weekend: The Insurance Industry Charitable Foundation’s (IICF) Volunteer Week. Begun on the West Coast 13 years ago, Volunteer Week is new to the New York-New Jersey-Connecticut tri-state region. In the …

The Hartford Expands Coverage For Healthcare Providers

As the aging population and advances in medical technology fuel the healthcare industry’s rapid expansion, providers face new growth opportunities and specialized protection needs. To help healthcare administrators address these needs, The Hartford Financial Services Group, Inc., has expanded its …

Out-of-State Agents Blast Massachusetts Paperwork Requirement

A trade group for agents in several Northeast states are urging Massachusetts regulators to shelf new paperwork requirements for out-of-state businesses’ workers’ comp coverage. Massachusetts Division of Insurance (DIA) recently announced new rules requiring out-of-state businesses to submit additional paperwork …