Connecticut News

Connecticut Babysitter to Pay $1.1M Settlement over Boy’s Drowning

A Connecticut teenager and her mother have agreed to pay $1.1 million to the family of a toddler who drowned while the girl was baby-sitting. The New Haven Register reports that Cheshire Probate Judge Raymond Voelker approved the settlement Wednesday …

People

New York-based insurance brokerage and risk management firm Integro has hired Robert H. Easton as deputy general counsel and chief compliance officer. Easton most recently served as deputy superintendent and general counsel for the New York State Department of Insurance. …

Brown & Brown Acquires Four Connecticut Insurance Agencies

Florida-based Brown & Brown Inc. has acquired four retail insurance agencies in central and southeastern Connecticut with combined revenues of $7.2 million. The acquired agencies are McCutcheon Burr & Sons, of Middletown, The Gardner-Kirby Corp., of Meriden, Hedden Insurance, of …

Connecticut Jury Awards $2.9M to Bicyclist for Collision

A Connecticut jury has awarded $2.9 million to a bicyclist who was injured when she hit a gate on West Hartford land owned by a regional water and sewer agency. Maribeth Blonski of Rocky Hill sued the Hartford-based Metropolitan District …

Specialty Insurer to Offer High Value Property Lines in Texas

PURE Risk Management LLC, based in White Plains, N.Y., is expanding its Privilege Underwriters Reciprocal Exchange (PURE), a member-owned reciprocal insurer, to offer comprehensive, customized property and casualty insurance coverage to responsible owners of well-built, high-value homes in Texas. The …

The Hartford Marks 200 Years

The Hartford marks 200 years in business today, a commemoration recognized at the New York Stock Exchange this morning as CEO Liam E. McGee and CFO Christopher J. Swift rang the opening bell. “The company has played a critical role …

Connecticut Lawmakers Fail to Take Up Power Plant Bill

Connecticut lawmakers ran out of time to pass legislation that addresses power plant safety in the wake of the deadly Feb. 7 Kleen Energy plant explosion in Middletown. Some legislators were still attempting to pass a bill Wednesday, the final …

Bill for Seat Belts on Connecticut Buses Clears Senate

A bill that provides Connecticut school districts with a financial incentive to buy school buses with seat belts is heading to the governor. The Senate gave the bill final legislative approval late Tuesday night. The legislation makes it optional for …

Ex-Agent Gets Five Years for Connecticut Fraud

A Connecticut financial adviser has been sentenced to five years in prison for defrauding more than two dozen clients of more than $2 million and losing the money while gambling in casinos. Thomas Cipriano was sentenced Tuesday in federal court …

Court Says CalPERS May Pursue Lawsuit Against Rating Agencies

The largest U.S. public pension fund has won a court ruling allowing it to proceed with its lawsuit accusing the three biggest credit rating agencies of assigning “wildly inaccurate and unreasonably high” ratings, causing $1 billion of losses. A San …